{"id":11900,"date":"2026-08-14T13:03:09","date_gmt":"2026-08-14T13:03:09","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=11900"},"modified":"2026-08-14T13:03:09","modified_gmt":"2026-08-14T13:03:09","slug":"ldo-surges-as-sharplink-seeks-to-stake-200m-in-eth-via-lido","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=11900","title":{"rendered":"LDO surges as SharpLink seeks to stake $200m in ETH via Lido"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key\u00a0 takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The allocation will be converted into wrapped staked ETH and held with Anchorage Digital.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">wstETH enables SharpLink to earn staking rewards while retaining access to DeFi liquidity.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">SharpLink Gaming (SBET) plans to allocate $200 million worth of Ethereum to Lido as the company seeks to generate additional returns from its expanding ETH treasury.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Ethereum will be staked and converted into wrapped staked ETH, known as wstETH. Anchorage Digital will provide institutional custody for the assets, according to SharpLink\u2019s announcement on Thursday.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The allocation adds Lido to SharpLink\u2019s wider staking and restaking strategy, allowing the company to earn Ethereum network rewards while maintaining greater flexibility over how it deploys its holdings.<\/span><\/p>\n<h2>SharpLink expands its Ethereum staking strategy<\/h2>\n<p><span style=\"font-weight: 400;\">SharpLink is pursuing ways to increase the productivity of the ETH held on its balance sheet instead of leaving the assets idle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through Lido, the company will stake $200 million in ETH and receive wstETH in return. The token represents staked Ethereum and the rewards generated from participating in the network\u2019s proof-of-stake validation system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike directly staked ETH, wstETH can be transferred, traded or used within compatible decentralized finance applications while the underlying tokens continue generating staking rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The structure could allow SharpLink to earn a base Ethereum staking yield while retaining the option to deploy its wstETH across other protocols.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SharpLink CEO Joseph Chalom described the allocation as an expansion of the company\u2019s strategy to make its ETH holdings more productive. He said wstETH provides composability while allowing the company to maintain institutional risk standards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SharpLink will custody the resulting wstETH with Anchorage Digital. The decision provides the company with a regulated institutional custodian while it increases its exposure to Ethereum\u2019s staking and decentralized finance infrastructure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Institutional custody is particularly important for corporate crypto treasuries because companies must manage operational, cybersecurity and governance risks alongside potential investment returns.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SharpLink did not disclose whether Anchorage Digital would also facilitate deployment of the wstETH into other DeFi platforms or whether the assets would initially remain in custody.<\/span><\/p>\n<h2>Technical forecast: LDO targets the $0.3370 resistance<\/h2>\n<p><span style=\"font-weight: 400;\">The LDO\/USD 4-hour chart remains bearish despite Lido rallying over the past few hours. However, the technical indicators suggest that the bulls could push the price higher in the near term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The RSI of 57 is above the neutral 50, indicating that the bears are no longer in control of the market. The MACD lines also add further confluence to the bullish narrative.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the rally persists, LDO could target the first major resistance at the $0.3370 level, which also coincides with the TLQ on the 4-hour timeframe.<\/span><\/p>\n<p><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-365867\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/08\/LDOUSDT_2026-08-14_13-17-15.png\" alt=\"LDO\/USD 4H Chart\" width=\"1815\" height=\"887\"\/><\/p>\n<p><span style=\"font-weight: 400;\">An extended rally could allow LDO to reclaim the $0.4063 swing high for the first time since July 27.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears regain control, LDO could retest last week\u2019s low of $0.2716 in the near term. <\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Analysis,LIDO#LDO #surges #SharpLink #seeks #stake #200m #ETH #Lido1786712589<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key\u00a0 takeaways SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido. The allocation will be converted into wrapped staked ETH and held with Anchorage Digital. wstETH enables SharpLink to earn staking rewards while retaining access to DeFi liquidity. SharpLink Gaming (SBET) plans to allocate $200 million worth of Ethereum to Lido as<\/p>\n","protected":false},"author":1,"featured_media":11901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-11900","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eurozone"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LDO surges as SharpLink seeks to stake $200m in ETH via Lido - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"LDO surges 3% on Friday as SharpLink Gaming plans to stake $200 million in Ethereum through the Lido platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=11900\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LDO surges as SharpLink seeks to stake $200m in ETH via Lido\" \/>\n<meta property=\"og:description\" content=\"LDO surges 3% on Friday as SharpLink Gaming plans to stake $200 million in Ethereum through the Lido platform.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=11900\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-14T13:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM-1024x512.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=11900\",\"name\":\"LDO surges as SharpLink seeks to stake $200m in ETH via Lido - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM.png\",\"datePublished\":\"2026-08-14T13:03:09+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"LDO surges 3% on Friday as SharpLink Gaming plans to stake $200 million in Ethereum through the Lido platform.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=11900\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/08\/ChatGPT-Image-Aug-14-2026-01_22_08-PM.png\",\"width\":1774,\"height\":887},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=11900#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"LDO surges as SharpLink seeks to stake $200m in ETH via Lido\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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