SharpLink Gaming has conducted a targeted issuance of $200 million for funding, which will be used to increase its ETH holdings.

BlockBeats News, August 7th, according to official sources, SharpLink Gaming announced a $200 million fundraising through a private placement, with an issuance price of $19.50 per share, led by four global institutional investors.

This round of funding will be used to expand the company's Ethereum (ETH) reserves, and it is expected that after full deployment, SharpLink Gaming's Ethereum asset size will exceed $2 billion.