Injective tokenizes SharpLink stock SBET

According to a report by Golden Finance, Injective announced the tokenization of the stock SBET of SharpLink (an ETH vault company supported by Ethereum co-founder Joe Lubin). SharpLink currently holds 360000 ETH, making it the second largest Ethereum vault company after BitMine. The SBET token is based on the Injective iAssets framework and can be used for on chain financial operations such as lending, collateralization, and derivatives, promoting the deep integration of traditional equity and encrypted assets. The current market value of SBET is approximately $2.6 billion. Injective is supported by Binance, Jump, Pantera, and others.