Cryptocurrencies
Lubin Considers Adding Leverage to Ethereum Treasury Firm Sharplink
Joseph Lubin
Photographer: Joe Buglewicz/BloombergEthereum co-founder Joe Lubin said that he might introduce leverage to Sharplink Gaming Inc., the sports betting and gaming technology firm that recently turned into an Ether treasury company, which Lubin serves as chairman.
“Sharplink isn’t leveraged,” Lubin, also the founder and chief executive officer of Ethereum software infrastructure provider Consensys, said in an interview on Bloomberg Television on Thursday. “We may do some things that bring a bit of leverage into the situation, convertible equity potentially. We will do bond issuance at low rates with long duration. We will not put the strategy at risk.”