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Injective has launched SBET, the first onchain Digital Asset Treasury, marking a major milestone for its iAssets framework and the growing ecosystem of tokenized real-world assets.<\/p>\n
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Injective (INJ) has just announced<\/a> the launch of SBET, the world\u2019s first\u00a0onchain digital asset treasury (DAT), transforming how companies manage crypto reserves. Built using Injective\u2019s iAssets framework, SBET tokenizes\u00a0SharpLink Gaming\u2019s $1 billion Ethereum (ETH) treasury, turning it into a tradable, yield-generating asset on the blockchain.<\/p>\n Unlike traditional corporate treasuries that sit idle, SBET can be\u00a0traded 24\/7, used as\u00a0DeFi collateral, staked for\u00a0yield, and integrated into\u00a0derivatives and structured products.<\/p>\n The SBET launch follows SharpLink\u2019s aggressive ETH acquisition and staking strategy. Shares of SBET skyrocketed by over 400% after the initial announcement of the ETH treasury initiative spearheaded by ConsenSys and Joe Lubin. In mid-July, growing optimism surrounding Ethereum further boosted SBET stock, which climbed more than 29% alongside the rising price of ETH.<\/p>\n <\/p>\n Beyond SBET, Injective is rapidly expanding its suite of tokenized products, pushing the boundaries of what can be brought onchain through its iAssets framework and RWA module.<\/p>\n Among its most prominent offerings are yield-bearing stablecoins, including USDY by Ondo Finance<\/a>, USDM by Mountain Protocol<\/a>, and AUSD by Agora<\/a> (a collaboration involving VanEck and State Street). With daily rebasing or interest-bearing mechanisms, they allow DeFi participants to earn returns while maintaining price stability, unlocking passive income without sacrificing liquidity.<\/p>\n Injective has also introduced tokenized indices and synthetic asset markets, including the BlackRock BUIDL Index Perpetual Market<\/a>, which tracks the tokenized BUIDL fund composed of short-term U.S. Treasuries. Other examples include AIX, a hybrid AI index<\/a> that combines top AI tokens with major AI-related equities like NVIDIA, as well as equity-based iAssets like iNVDA, enabling decentralized, leveraged exposure to individual stocks.<\/p>\nInjective\u2019s Growing Range of Tokenized Assets<\/h2>\n