The sale reflects “strong institutional confidence,” the company said, with an unnamed investor also receiving an option to buy another 4.5 million shares
SharpLink Raises $76.5M in Premium-Priced Stock Deal to Expand Ether Holdings
The sale reflects "strong institutional confidence," the company said, with an unnamed investor also receiving an option to buy another 4.5 million shares
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Doyle recently joined the firm in London.
All existing users will be onboarded to Ethena's entity in the British Virgin Islands.
The movement follows inflows into wallets tied to Trump Media, implying the company is actively managing its bitcoin position rather than leaving it static.
Ella Zhang of YZi Labs says her firm invests in founders building what doesn’t yet exist, guided by first principles and long-term conviction across AI, biotech and Web3.