THE FINTECH TIMES · 2026-10-04 18:00 UTC

Sharplink Stakes $200m of ETH Through Lido, Holds wstETH at Anchorage

Sharplink (SBET) deployed $200 million of ETH into staking through Lido protocol, receiving wstETH held at Anchorage Digital custody. The move allows Sharplink to generate staking yield on its ETH treasury while maintaining liquidity, following a trend among public companies with digital asset reserves. Regulatory status of liquid staking tokens remains unsettled in the US; SEC has not issued definitive guidance on whether staking-as-a-service or wstETH constitute securities.

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