Injective Pioneers the First Onchain Digital Asset Treasury with SBET

Injective is redefining the future of global markets.

Today, Injective is releasing onchain SBET, marking the first onchain digital asset treasury (DAT). This is introduces an entirely new asset class that can power programmable finance from day one. SBET transforms a static corporate Ether reserve into a living, yield bearing onchain instrument. This creates a multi‑billion dollar opportunity for Injective as treasuries, equities and balance sheet assets begin migrating to programmable rails. Injective has consistently led categories before others even imagined them, from onchain equities to today’s digital asset treasuries that combine institutional scale with composable DeFi utility.

Injective: A New Foundation for Programmable Onchain Treasuries and Equities

The SBET DAT is built using Injective’s novel iAssets framework, enabling the creation of real world assets with day one utility.

Unlike simple wrappers, iAssets launch with native programmability, governance hooks, integrated liquidity and cross protocol composability. This architecture powered the earlier release of onchain Nvidia stock with 24 hour trading, margin, and derivatives support. With SBET, Injective applies the same capabilities to digital asset treasuries, giving holders access to staking yield, real time trading and use as collateral in DeFi strategies. The result is a corporate reserve that no longer sits idle but actively fuels liquidity and innovation across the Injective ecosystem.

The Digital Asset Treasury Market: Surging Flows and Market Momentum

A digital asset treasury token represents ownership in onchain reserves of digital assets such as ETH or BTC held by a corporate or institutional entity. These tokens are typically backed one to one by their underlying assets and preserve full economic exposure while enabling blockchain native benefits. In the case of SBET, it provides transparent exposure to SharpLink Gaming’s growing Ethereum treasury. Over the past month, SharpLink has acquired an additional 176,270 ETH, valued at approximately 463 million dollars, bringing its total holdings to over 1 billion dollars worth of ETH, all of which is staked to generate additional yield.

This aggressive treasury strategy has fueled major stock momentum. Shares of SBET surged over 400% following the initial ETH treasury announcement led by ConsenSys and Joe Lubin. In mid July, positive sentiment around Ethereum spilled over into SBET stock, which jumped more than 29% amid rising ETH prices.

Onchain Digital Asset Treasury: A New Era of Finance

Bringing a digital asset treasury stock such as SBET unlocks a fundamentally new model for how markets can work. Through Injective’s iAssets framework, SBET is no longer a static equity but a programmable financial primitive. From the very first day of issuance it can be deployed across lending markets, used as collateral, incorporated into derivatives, or embedded into entirely new structured products without the capital inefficiencies or settlement delays that exist in traditional finance.

“Digital asset treasuries are opening new doors for institutional and retail investors to access crypto markets with greater structure and transparency. Their core value lies in enabling token‑denominated exposure with the potential for enhanced yield, guided by active and strategic management. The launch of an onchain product tracking SBET by Injective marks a notable milestone, bringing the capital efficiency of public markets to DeFi infrastructure in a composable and transparent way.” – Matt Sheffield, Director of Trading at FalconX, the largest institutional crypto prime brokerage.

This shift is not only technological but deeply structural. In legacy systems, access to innovative financial products is often gated by geography, intermediaries, and limited operating hours. By moving digital asset treasury stocks onchain, Injective creates a system where anyone anywhere can gain direct exposure and interact with these instruments on a continuous basis. It enables instantaneous settlement, global liquidity, and seamless composability, all while maintaining transparent backing in real time.

The result is a market that is more equitable and inclusive. Users no longer have to rely on legacy brokers or clearinghouses to participate in opportunities like SBET. They can trade, stake, and build strategies directly from their wallets, without layers of unnecessary friction. Injective’s vision is to merge the traditional and onchain worlds, creating a financial system that is not only open and accessible but also far more efficient. The launch of SBET as an onchain digital asset treasury is a clear demonstration of that mission, showing how Injective is setting new standards for what an equity or treasury product can achieve in the modern era.

Injective’s Strategic Partnerships, Work with the U.S. Government and Institutional Expansion

Injective is driving new inroads with institutions through the recent filing for the Canary Staked INJ ETF with the U.S. Securities and Exchange Commission. This filing would allow investors to gain regulated exposure to INJ along with staking rewards. Injective Labs also submitted a policy recommendation letter to the SEC’s Crypto Task Force, highlighting its commitment to shaping forward‑looking regulation and bridging traditional markets with Onchain innovation.

Beyond treasuries, Injective has launched major onchain equities such as Nvidia, Meta and Robinhood as iAssets, alongside commodities like gold, silver and oil, as well as FX markets that operate with continuous global access. These milestones showcase Injective’s ability to unify diverse traditional markets within a single onchain ecosystem.

The Injective Council further strengthens this vision, bringing together partners including Google Cloud, BitGo and Galaxy Digital to guide the network’s growth. Together these efforts position Injective as a leader in connecting institutions, regulators and builders to a new era of finance.

A Future Powered by Injective and INJ

For the first time in history, a corporate digital asset treasury is fully live onchain, powered by Injective. Ethereum’s upcoming ten year anniversary has reignited global interest in ETH as a reserve asset, making the timing of SBET’s launch as an iAsset even more meaningful. SBET is only the beginning. Injective’s roadmap already spans additional digital asset treasuries and new classes of programmable instruments, all designed to launch with full iAssets functionality and immediate utility.

With its proven infrastructure, deep institutional connections, and a rapidly expanding ecosystem that already includes equities, commodities, FX markets and now digital asset treasuries, Injective is doing far more than introducing new products. Injective is building the foundation for a financial system where traditional and Onchain assets converge seamlessly.

SBET is a clear demonstration of this vision. It shows that corporate treasuries can be liquid, transparent, and productive from day one. It proves that anyone, anywhere, can gain access to instruments that were once confined to closed balance sheets. And it positions Injective at the center of a movement that is reshaping global finance itself.

The future of finance is being written today, and Injective is leading the way.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.