Sharplink Stakes 200 Million Dollars in ETH via Lido

Sharplink, Inc. announced on August 13, 2026, that it will stake 200 million dollars of Ether through the liquid staking protocol Lido. The company will receive wrapped staked ETH (wstETH), enabling it to earn staking rewards while retaining the liquidity necessary to engage with Ethereum decentralized finance protocols.

To ensure security, the wstETH tokens will be held in custody with Anchorage Digital. This move is part of a broader corporate strategy to maximize the productivity of the company's ETH treasury for its shareholders.

Lido executives described the allocation as evidence of a shifting trend in institutional treasury management. They noted that institutions are increasingly seeking ways to generate yield on Ethereum assets without sacrificing the flexibility required for large-scale deployment strategies.