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SharpLink Outlines $500 Million in Deals to Put Ether to Work

SharpLink Outlines $500 Million in Deals to Put Ether to Work

Photo: TokenPost

SharpLink’s deals over the past year included about $500 million aimed at putting Ether (ETH) to work across its ecosystem, separate from its $400 million deployment through two protocols. SharpLink’s strategy involved staking, an onchain yield fund and investments in Ethereum ecosystem teams. The roughly $500 million covered deals to put ETH to work across the ecosystem. The separate $400 million figure covers SharpLink’s deployment across Ether.fi and Lido, including a $200 million allocation to Lido. The company’s deployment across both platforms has been covered previously. John Kim reports on the digital-asset business for TokenPost.

Source: TokenPost

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