以太坊，注入性和代幣化國庫：公司融資的新時代

Injective的鍊鍊數字資產財政部（DAT）憑藉Sharplink Gaming的$ SBET代幣標誌著一個關鍵時刻，將傳統的公司儲備與Defi的動態世界橋接。

Ethereum, Injective, and Tokenizing Treasuries: A New Era for Corporate Finance

以太坊，注入性和代幣化國庫：公司融資的新時代

The intersection of Ethereum, Injective, and tokenized treasuries is creating buzz. Injective's recent launch of its first on-chain Digital Asset Treasury (DAT) with SharpLink Gaming's $SBET token is proof that things are about to change.

以太坊，注入性和令牌化國庫的交集正在引起嗡嗡聲。 Injective最近與Sharplink Gaming的$ SBET代幣一起推出了其首個鏈上數字資產財政部（DAT），這證明了情況即將改變。

The Rise of On-Chain Treasuries

鏈庫的崛起

Injective Protocol has launched its first onchain Digital Asset Treasury (DAT) by tokenizing SharpLink Gaming’s Ethereum reserves. Representing over $1 billion in staked ETH through the newly issued $SBET token, this initiative converts real-world Ethereum holdings into programmable, yield-generating assets. It's a big deal.

Injextive協議已通過將Sharplink Gaming的以太儲備儲量構成了首個OnChain Digital Asset財政部（DAT）。該計劃通過新發行的$ SBET代幣代表超過10億美元的Staked ETH，將現實世界中的以太坊持有人轉換為可編程的，產生的屈服資產。這很重要。

$SBET: A Game Changer

$ SBET：改變遊戲規則的人

The $SBET token gives holders immediate access to staking rewards, liquidity, and DeFi functionalities. This transforms static corporate treasuries into dynamic financial instruments. Forget intermediaries; the DAT model enables real-time integration with decentralized finance, offering instant collateral access, trading capabilities, and governance tools.

$ SBET代幣使持有人立即獲得了積分獎勵，流動性和Defi功能。這將靜態公司國庫轉變為動態金融工具。忘記中介； DAT模型可以通過分散的財務進行實時集成，提供即時抵押品訪問，交易能力和治理工具。

SharpLink Gaming’s Ethereum holdings—exceeding 176,270 ETH—are now fully staked and programmable via $SBET. The token functions as both a tradable asset and a yield-bearing instrument within Injective’s ecosystem. This aligns with broader trends in tokenization, where institutional-grade assets gain liquidity and utility on blockchain networks. Crypto analytics firm CryptoBusy calls it the emergence of a new onchain asset class.

Sharplink Gaming的以太坊持有量（超過176,270 ETH）現在已通過$ SBET完全固定和編程。代幣在Injective的生態系統中既是可交易的資產，又是一種承重工具。這符合令牌化的更廣泛的趨勢，在該趨勢中，機構級資產在區塊鍊網絡上獲得了流動性和效用。加密分析公司Cryptobusy稱其為新的Onchain資產類別的出現。

Injective's iAssets Framework

Injective的Iassets框架

Injective’s iAssets model goes beyond simple token wrapping. It embeds functionalities like lending, margin trading, and derivatives into DATs from the start. This allows assets like $SBET to be actively traded, used as collateral, or integrated into structured products without centralized barriers. Injective is democratizing access to corporate assets, positioning itself as a key infrastructure provider in the onchain treasury movement.

Injective的Iassets模型超出了簡單的令牌包裝。它從一開始就將貸款，保證金交易和衍生品等功能嵌入到DAT中。這使得像$ SBET之類的資產可以被積極交易，用作抵押品或集成到沒有集中障礙的結構化產品中。注入式的是使獲得公司資產的機會民主化，將自己定位為OnChain財政運動中的關鍵基礎設施提供商。

The Bigger Picture

更大的圖片

The $1B ETH-backed $SBET represents a strategic pivot for corporate treasuries. It addresses inefficiencies in traditional management systems where assets are often illiquid and inaccessible. The DAT model’s ability to unlock capital efficiency through staking and DeFi participation could incentivize more enterprises to tokenize their holdings, accelerating adoption of onchain financial systems.

$ 1B的ETH支持$ SBET代表了公司國庫的戰略樞紐。它解決了在傳統管理系統中的效率低下，在這些系統中，資產通常是流動性不足和無法訪問的。 DAT模型通過放入和Defi參與來解鎖資本效率的能力可能會激勵更多的企業以使其持股量化，從而加速採用OnChain Financial Systems。

Challenges and Opportunities

挑戰和機遇

Sustained demand for $SBET’s utility across DeFi protocols and the stability of Ethereum’s staking yields will be critical to its success. As Injective expands its DAT framework, the initiative could catalyze innovation in asset tokenization, provided it navigates regulatory scrutiny and maintains transparent governance. The $SBET launch demonstrates the feasibility of integrating large-scale corporate assets into DeFi.

跨越規程對$ SBET的效用的持續需求以及以太坊的積分產量的穩定性對其成功至關重要。隨著Injective擴大其DAT框架，該倡議可以促進資產令牌化的創新，前提是它可以進行監管審查並保持透明的治理。 $ SBET的發布表明，將大規模公司資產整合到DEFI中的可行性。

A Personal Take

個人看法

I reckon this is a massive leap forward. Imagine corporate treasuries not just sitting there, but actively participating in the DeFi ecosystem. It's like turning a sleepy bank vault into a bustling trading floor. The potential for increased efficiency and accessibility is huge, but let’s keep an eye on those regulatory hurdles.

我認為這是一個巨大的飛躍。想像一下，企業庫不僅坐在那裡，而且積極參與Defi生態系統。這就像將一個昏昏欲睡的銀行庫變成繁華的交易樓。提高效率和可及性的潛力是巨大的，但讓我們密切注意這些監管障礙。

Christie's Embraces Crypto in Real Estate

克里斯蒂（Christie）的擁抱在房地產中

Christie’s International Real Estate has also jumped into the digital age by launching a dedicated cryptocurrency division. High-net-worth clients can now transact in major digital assets like Bitcoin and Ethereum for luxury property purchases. A $65 million Beverly Hills property sale via crypto proves it's not just talk.

克里斯蒂（Christie）的國際房地產也通過推出專門的加密貨幣部門進入了數字時代。現在，高淨值客戶可以在豪華房地產購買的主要數字資產和以太坊等主要數字資產中進行交易。通過加密貨幣的6500萬美元的比佛利山莊的房地產銷售證明，這不僅僅是談話。

What's Next?

接下來是什麼？

Injective is showing how corporate funds can operate directly on blockchain rails. By combining Ethereum holdings, staking yield, and decentralized access, DATs shift the way businesses think about reserves. Anyone can now trade or stake $SBET, tying into real-world ETH without centralized barriers. As new DATs follow, Injective positions itself at the center of this onchain treasury transformation.

Injective展示了公司資金如何直接在區塊鏈導軌上運營。通過將以太坊持有量，積分收益率和分散訪問結合起來，DATS改變了企業對儲量的思考方式。現在，任何人都可以交易或股權$ SBET，而沒有集中障礙，將其與現實世界中的ETH聯繫在一起。正如新的DAT所遵循的那樣，注射式位置本身位於此OnChain國庫轉換的中心。

So, there you have it. From Injective's DATs to Christie's crypto real estate, the financial world is getting a serious digital makeover. It's gonna be a wild ride, but I'm here for it!

所以，你有。從Injective的DAT到Christie的加密貨幣房地產，金融界正在進行嚴重的數字化改頭換面。這將是一個瘋狂的旅程，但我在這裡！