SharpLink deploys $400M in ETH via ether.fi and Lido under Anchorage custody
- —$200M went to ether.fi to mint weETH, another $200M to Lido for wstETH
- —Custodian is Anchorage Digital Bank, the first federally chartered crypto bank in the US
- —SharpLink holds roughly 900,000 ETH and has already earned tens of millions in staking rewards
- —The company committed to staking with Lido in August 2026 and is now executing those plans
Why it matters: A major public ETH holder is turning its treasury into onchain yield, a template other corporate treasuries may follow.
Source: Crypto Briefing