SharpLink stakes $200M in ETH through Lido
SharpLink, a leading Ethereum treasury company, will stake $200 million worth of ETH through Lido.
The company will receive wstETH, representing the staked ETH and its rewards, with Anchorage Digital serving as custodian.
Lido currently has about $16.5 billion worth of ETH staked, while wstETH is integrated across over 100 protocols, with roughly $10 billion used as collateral.