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Injective will tokenize SharpLink stock SBET.
Jinse Finance reports that Injective has announced the on-chain tokenization of SharpLink's stock SBET (backed by Ethereum co-founder Joe Lubin). SharpLink currently holds 360,000 ETH, making it the second largest Ethereum vault company after BitMine. The SBET token is based on Injective's iAssets framework and can be used for lending, collateral, derivatives, and other on-chain financial operations, promoting the deep integration of traditional equity and crypto assets. SBET currently has a market capitalization of about $2.6 billion. Injective is supported by Binance, Jump, Pantera, and others.