SharpLink to Stake $200M of Ethereum Through Lido

SBET Sharplink Inc

$8.18 +3.54%

View chart & analysis →

1. 1SharpLink (SBET) announced that it will allocate $200 million of its Ethereum treasury assets to Lido liquid staking.
2. 2The ETH will be staked via Lido to receive wstETH, custodied at Anchorage Digital, while maintaining staking rewards and DeFi liquidity.
3. 3CEO Joseph Chalom described the move as an expansion that makes ETH more productive and a diversification of the treasury.

Source CryptoProwl +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →