CoinMeta Data: Sharplink Announces Allocation of Approximately $400 Million in Ethereum Reserves to Flow Staking Protocol Lido and Re-staking Platform Ether.fi. The company stated that this allocation of funds will change the way it generates earnings from its Ethereum holdings and will also invest more reserves into the infrastructure of DEFI. According to reports, Lido and Ether.fi each received $200 million in funds. The CEO of Sharplink, Joseph Lubin, stated that this move will make the company's Ethereum holdings "more efficient".