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Ethereum and related stocks gain amid the latest crypto craze: Tokenization
Stocks tied to the price of ethereum, better known as ETH, were higher on Wednesday, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization. BitMine Immersion Technologies , a bitcoin miner that announced plans this week to make ETH its primary treasury reserve asset, jumped about 20%. It’s gained more than 1,000% since the announcement. Betting platform SharpLink Gaming , which has also initiated an ETH treasury strategy, added more than 11%. Bit Digital , which last week exited bitcoin mining to focus on its ETH treasury and staking plans, jumped more than 6%. ... (full story)