Sharplink Stakes $200 Million in Ethereum via Lido, Holds wstETH at Anchorage

Anchorage, AK, October 4, 2026 — Sharplink has committed $200 million in Ethereum to staking activities, utilizing the Lido protocol for the process. The staked assets have resulted in the acquisition of wrapped staked Ether (wstETH), which are now being held at Anchorage Digital Bank N.A.

The significant investment underscores continued institutional engagement with decentralized finance (DeFi) staking mechanisms. By staking Ethereum, Sharplink aims to generate yield on its holdings, participating in the network’s security and operations.

Lido is a widely recognized liquid staking solution that allows users to stake their Ether and receive wstETH in return. This liquid token can then be used in other DeFi applications, offering flexibility beyond traditional staking. The value of wstETH is designed to accrue the staking rewards of ETH, meaning its balance increases over time.

The decision to hold the resulting wstETH at Anchorage indicates a preference for a regulated digital asset custodian. Anchorage Digital Bank N.A. provides institutional-grade custody solutions, aiming to secure digital assets for clients like Sharplink.

The specifics regarding the exact duration of the staking commitment, the projected yield, or the precise structure of the agreement between Sharplink, Lido, and Anchorage were not detailed in the provided information. The financial figure of $200 million represents the principal amount of Ethereum staked at the time of this transaction.

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