[SharpLink Announces Deployment of $400 Million in ETH to Ether.fi and Lido] According to a report by Jinse Finance on October 20, Nasdaq-listed company SharpLink (SBET) stated that it has cumulatively deployed $400 million worth of ETH into the two liquid staking protocols, Ether.fi and Lido. The company confirmed that both allocations have been fully executed, aiming to enhance the yield efficiency of its ETH treasury. As per the plan announced in August, SharpLink intended to stake $200 million worth of ETH through Lido and receive wstETH, with the related assets being custodied by Anchorage Digital. The other portion of the funds was deployed via Ether.fi to Consensys' Linea network, collaborating with EigenCloud for re-staking to earn DeFi yields and incentives. SharpLink is one of the largest enterprise-level ETH holders globally and has long been an advocate for Ethereum ecosystem applications. This deployment continues its established staking and re-staking strategy, further allocating treasury assets to institutional-grade DeFi products.