One of the world's largest corporate holders of ETH adds wstETH

to its treasury to enhance DeFi yield

Miami, FL, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (NASDAQ:SBET), one of the world's largest corporate holders of Ether ("ETH") and a prominent advocate of Ethereum adoption, today announced that it will stake $200M of ETH through Lido, the largest liquid staking protocol on Ethereum. Sharplink will receive wrapped staked ETH ("wstETH"), a token representing staked ETH and its associated staking rewards, to be held in custody with Anchorage Digital. The allocation continues Sharplink's effort this year to make its ETH treasury maximally productive for shareholders and adds Lido to Sharplink's existing staking and restaking strategy.

Lido accounts for a majority of all liquid staked ETH, with roughly $16.5B of ETH staked through the protocol. Its wstETH token is integrated across more than 100 protocols, with roughly $10B in active-use as collateral. wstETH can be used across Ethereum DeFi while the underlying ETH continues to earn staking rewards, giving Sharplink direct exposure to ETH plus access to additional onchain yield.