Add as a preferred source on GoogleSharpLink Deploys $400 Million in Ether Across Ether.fi and Lido
Its August Lido plan involved $200 million in ETH, with wstETH held with Anchorage Digital.
SharpLink has deployed $400 million of its Ether (ETH) treasury through Ether.fi and Lido, putting a previously announced Lido staking allocation into operation alongside its Ether.fi position.
SharpLink says it deployed $400 million across Ether.fi and Lido. Its August plan put $200 million of ETH through Lido, with wstETH held with Anchorage Digital.
In August, SharpLink announced plans to stake $200 million of ETH through Lido and receive wrapped staked Ether, known as wstETH, for custody with Anchorage. Its latest statement identifies that Lido allocation as deployed.
The $200 million is included in the $400 million total.
The latest disclosure establishes the amount it says it has deployed across the two protocols.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.