SharpLink to stake $200 million of Ethereum through Lido

On August 13, 2026, digital asset treasury firm SharpLink announced plans to stake $200 million of Ethereum (approximately 106,000 ETH) through Lido's liquid-staking protocol. The allocation, representing 12% of SharpLink's 888,938 ETH treasury, will be converted into wrapped staked ETH (wstETH) and held in custody by Anchorage Digital. This move allows SharpLink to earn staking yields while maintaining liquidity to deploy assets across decentralized finance protocols, highlighting a growing trend of institutional Ethereum staking.

SharpLink $200M Lido stake

• ▪The $200 million Ethereum allocation represents approximately 12% of the total Ethereum held by SharpLink as of early August 2026.
• ▪Lido Labs Foundation Executive Director Vasiliy Shapovalov expressed excitement regarding SharpLink increasing its use of Ethereum native staking protocols and the decentralized finance ecosystem.
• ▪SharpLink Chief Executive Officer Joseph Chalom stated that the Lido allocation expands the company's strategy to make its Ethereum holdings more productive.
• ▪On August 13, 2026, digital asset treasury company SharpLink announced plans to stake $200 million of Ethereum, approximately 106,000 ETH, through the liquid-staking protocol Lido.

wstETH DeFi composability

• ▪Staking through Lido converts SharpLink's Ethereum into wrapped staked ETH, which represents the staked tokens plus accrued network validation rewards.
• ▪Lido's wrapped staked ETH is integrated across more than 100 protocols with approximately $10 billion in active-use collateral.
• ▪Wrapped staked ETH allows holders to earn staking yields while maintaining liquidity to trade, transfer, or use the assets across decentralized finance protocols.

SharpLink 888k ETH treasury

• ▪SharpLink held 888,938 Ethereum, valued at approximately $1.68 billion, as of its second-quarter disclosure on August 3, 2026.
• ▪Staking has served as the central focus of SharpLink's corporate treasury strategy throughout 2026.

Institutional Ethereum staking trend

• ▪A Standard Chartered report indicated that treasury companies purchased 1% of all Ethereum within two months, with potential to expand that to 10%.
• ▪Lido Institutional Head of Institutional Relations Kean Gilbert stated that corporate treasuries increasingly demand that their Ethereum generate yield without losing liquidity.
• ▪Bitmine, the largest Ethereum corporate treasury, holds approximately $11 billion worth of Ethereum with plans to eventually control at least 5% of the total supply.

Anchorage Digital custody

• ▪Anchorage Digital will provide institutional custody for the wrapped staked ETH assets generated from SharpLink's $200 million Lido allocation.
• ▪SharpLink did not disclose whether Anchorage Digital would also facilitate the deployment of the wrapped staked ETH into other decentralized finance platforms.

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