Sharplink Gaming is set to join the Russell 2000 and Russell 3000 indexes, marking a fresh milestone for publicly traded crypto treasury companies seeking wider acceptance in traditional equity markets. The ethereum-focused firm disclosed that its inclusion will take effect on June 29, when Russell's semiannual index reconstitution is implemented. The move places Sharplink inside two widely tracked U.S. equity benchmarks used by fund managers, exchange-traded funds and institutional investors.
Smart contract wallets (i.e. crypto accounts controlled by programmable code instead of a standard private key) are becoming increasingly prominent across the Ethereum landscape because they enable multi-signature security, social recovery, and gas sponsorship. Privacy protocols, which obscure transaction details from public view, face a similar constraint because, much like smart contract wallets, they currently depend on third-party relay services to get transactions included onchain.
Ethereum's DeFi TVL share fell from 63.5% to 53% between January 2025 and May 2026. Defillama data shows Ethereum holds around $45B TVL, with Solana and BNB Chain gaining ground. Layer-2 chains like Base (5.31% TVL share) are reshaping Ethereum's multichain footprint.
The wallet, identified by its address 0xCD59, participated in the Ethereum ICO in 2015, when ether was distributed at approximately $0.31 per ETH. The 10,000 ETH acquired for $3,100 is now worth $22.88 million, a 7,381x return over nearly 11 years.