[Sharplink Stakes $200 Million in ETH via Lido to Enhance Ethereum Reserve Yield Capability] Nasdaq-listed Ethereum treasury company Sharplink announced that it will stake $200 million worth of ETH through the Ethereum liquid staking protocol Lido to enhance the yield capability of its ETH assets. Sharplink stated that after the staking, the company will receive wrapped staked ETH (wstETH), which represents the staked ETH and its yield. The wstETH will be custodied by institutional-grade digital asset custodian Anchorage Digital. This allocation will further expand Sharplink's existing ETH staking and re-staking strategy.