Joseph Chalom, a former senior executive at BlackRock, has been appointed as co-CEO of SharpLink. This move highlights Ethereum's significance in the global financial system.
Joseph Chalom's Experience at BlackRock
Chalom worked at BlackRock since 2005, where he was responsible for developing the firm's strategy regarding digital assets. He played a key role in launching products such as the iShares Bitcoin Trust ETF and the iShares Ethereum Trust ETF.
SharpLink's Role in the Ethereum Ecosystem
In May, SharpLink Gaming rebranded as a company focused on Ethereum assets, with Joe Lubin appointed as chairman. By mid-July, the company became the largest corporate holder of Ethereum.
The Future of Ethereum Under Chalom's Leadership
Chalom emphasized that SharpLink's goal is to 'activate' Ethereum, including the use of the token for staking, restaking, and various yield strategies. He also highlighted the importance of building a bridge between institutional capital and Ethereum yield.
Joseph Chalom's appointment as co-CEO of SharpLink underscores Ethereum's growing importance in finance and opens new possibilities for institutional investors.