Nasdaq-listed firm SharpLink, Inc. executed a historic on-chain deployment of $200 million from its Ethereum (ETH) treasury through a strategic partnership with Anchorage Digital Bank. The operation consisted of minting ether.fi’s weETH liquid restaking tokens via integration with EigenLayer and transferring the position to the Linea Layer 2 network using LayerZero, keeping the funds under qualified custody at all times.
At Sharplink we’ve set new standards for how onchain finance should operate.
Proud of our partnership with @Anchorage on our first-of-its-kind ecosystem deployments: our ETH earns higher yield onchain while staying with a qualified custodian.
This is how we pave the way to… https://t.co/dmzLoaX73S
— Sharplink (@Sharplink) October 22, 2026
This move marks a regulatory and institutional milestone, being the first time a publicly traded company bridges assets to a Layer 2 network and interacts with restaking protocols without breaching strict corporate compliance frameworks. With reserves nearing 900,000 ETH, SharpLink aims to maximize yield per share by transforming its passive balance sheet into active, productive liquidity within the institutional DeFi ecosystem.
As a next step, SharpLink will continue diversifying its yield strategies across decentralized protocols alongside Anchorage, setting a new standard of financial governance for corporations looking to operate on-chain securely.
Source: https://x.com/Sharplink/status/2113292238151209152
Disclaimer: Crypto Economy Flash News is prepared using official and public sources verified by our editorial team. Its purpose is to provide fast reporting on relevant events across the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
