FULL INTERVIEW: Why $200M Just Went Into ETH Staking with
@joechalom of
@Sharplink and
@Kean_Gilbert of
@LidoFinance
Joseph Chalom and Kean Gilbert break down why SharpLink staked $200 million in ETH through Lido, making the case that unlike Bitcoin, Ethereum is a natively productive asset that treasury companies have a duty to put to work.
They unpack why a proposal to cut Ethereum's staking issuance would undermine the risk-free rate anchoring DeFi lending and push institutions toward competitors like Solana.
The two also explain what’s happening behind the scenes in the institutional crowds, and expose why native yield is becoming the standard institutional playbook for Ethereum exposure.
Joseph Chalom is the CEO of SharpLink, one of the largest corporate treasury holders of Ethereum. Kean Gilbert is the Head of Institutional Relations at Lido Finance, the largest liquid staking protocol on Ethereum.
Timestamps:
00:00 Intro
05:41 Making ETH Fully Productive
08:39 Ethereum's Issuance Reduction Proposal
11:00 Why A Third Of ETH Stays Onchain
14:01 Rise Of Institutional Staking Products
19:19 Revenue And Token Value
23:50 Fidelity Adds Ethereum Staking
28:41 Permanent Capital Beats Trumps All