SharpLink taps Anchorage to put $400 million in ETH to work onchain
Photo: Crypto Briefing
The Nasdaq-listed Ethereum treasury firm split the deployment between ether.fi and Lido while keeping assets in qualified custody SharpLink, the Nasdaq-listed company built around an Ethereum treasury, has moved $400 million worth of ETH onchain. It did so without letting the assets leave regulated custody. The custody partner is Anchorage Digital Bank. That arrangement is being framed as the first time a public company has deployed ETH onchain while keeping its holdings in a qualified custodian. SharpLink (Nasdaq: SBET) divided the deployment evenly across two of Ethereum’s best-known staking platforms.
Source: Crypto Briefing
