SharpLink Gaming Partners with Superstate for Tokenization

SharpLink Gaming ( (SBET) ) has shared an announcement.

On September 25, 2025, SharpLink Gaming announced a partnership with Superstate to tokenize its SEC-registered common stock on the Ethereum blockchain. This initiative aims to demonstrate the potential of blockchain infrastructure to enhance shareholder value and market efficiency, aligning with the SEC’s Project Crypto agenda. The collaboration will explore regulated trading of tokenized shares on Automated Market Makers, potentially modernizing capital flows and redefining market structures.

The most recent analyst rating on (SBET) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on SharpLink Gaming stock, see the SBET Stock Forecast page.

Spark’s Take on SBET Stock

According to Spark, TipRanks’ AI Analyst, SBET is a Underperform.

SharpLink Gaming’s overall score is primarily affected by its weak financial performance, characterized by declining revenues and persistent losses. Technical indicators suggest a bearish trend, while valuation metrics highlight profitability challenges. However, the strategic acquisition in the crypto gaming space offers a potential growth avenue, balancing some of the financial and operational concerns.

To see Spark’s full report on SBET stock, click here.

More about SharpLink Gaming

SharpLink Gaming, Inc., headquartered in Minneapolis, Minnesota, is a publicly traded company that has adopted Ethereum (ETH) as its primary treasury reserve asset. The company is one of the largest corporate holders of Ether and is focused on digital capital, providing investors with exposure to Ethereum, the leading smart-contract platform and second-largest digital asset.

Average Trading Volume: 40,966,846

Technical Sentiment Signal: Sell

Current Market Cap: $3.41B

Learn more about SBET stock on TipRanks’ Stock Analysis page.