# SharpLink Routes a 200 Million Dollar Ethereum Stake Through Lido as Researchers Propose Native Delegation

A treasury company will hold wrapped staked ether at Anchorage Digital while an Ethereum research proposal argues the protocol should offer delegation directly rather than through intermediaries.

- Published: 2026-08-14T05:52:13.666Z
- Canonical: https://polylog.news/crypto/2026-08-14/sharplink-routes-a-200-million-dollar-ethereum-stake-through
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/sharplink-plans-200m-eth-stake-through-lido/), [Ethereum Research](https://ethresear.ch/t/native-ethereum-delegation-ned-protocol-routed-delegation-with-split-neutral-allocation-and-bounded-consensus-amplification/25699), [Ethereum Research](https://ethresear.ch/t/designs-for-evm-gas-accounting-in-eip-7999/25696)

SharpLink plans to stake 200 million dollars of ether through Lido, take wrapped staked ether in return and keep it with Anchorage Digital as part of its treasury strategy. The structure is now standard for corporate holders: use a liquid s…

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