SharpLink Stakes $200M ETH via Lido to Supercharge Corporate Treasury Yield

On August 13, 2026, Sharp Link Gaming revealed it will stake $200 million in Ethereum from its treasury via Lido, the most popular liquid staking platform. In exchange, the business will get wrapped stETH (wstETH) kept in custody at Anchorage Digital Bank. Sharp Link may keep a liquid, composable asset that can be used throughout DeFi systems if required and still get continuing staking rewards with this setup. By turning passive assets into a useful one, the move helps Sharp Link to be among the biggest corporate ETH holders. While the use of wstETH keeps flexibility for next plans like collateralization in lending markets or integration with other yield layers, staking via Lido increases returns over only keeping ETH. For the public company, institutional-grade custody at Anchorage Digital helps to reduce operational and security concerns as well.

This choice fits with a rising trend among corporate Ethereum treasuries looking to beat simple buy-and-hold techniques by using liquid staking. For Sharp Link, the $200 million allocation builds on its current staking activities and points to a more active, yield-focused management of its crypto balance sheet in a market where Lido currently manages over $16.5 billion in staked ETH.