Joseph Chalom has been appointed Co-CEO of SharpLink Gaming, Inc. effective July 24, 2025. This appointment highlights Chalom's expertise in digital assets and ETFs, as well as the company's strategic focus on Ethereum.
Joseph Chalom's Appointment at SharpLink
Joseph Chalom, formerly of BlackRock, has been appointed Co-CEO of SharpLink Gaming, Inc. Since his appointment, he will work alongside Rob Phythian. Chalom will receive an annual salary of $750,000, along with target bonuses and equity grants. This appointment emphasizes SharpLink's ambitions in the digital asset space.
Impact on Digital Assets and Ethereum
Chalom's appointment may enhance SharpLink's focus on integrating traditional finance with digital assets. Chairman Joseph Lubin noted that Chalom's arrival validates the company's Ethereum strategy and may have a positive impact on the digital asset market. Chalom is recognized for pioneering the Bitcoin ETF at BlackRock.
Prospects and Trends in the Ethereum Market
Ethereum (ETH) is currently trading at $3,751.71, with a market capitalization of $0.45 trillion. Over the past three months, the cryptocurrency has seen a 109.33% increase. Given Chalom's experience, his appointment may accelerate institutional integration into the crypto market and provide new financial offerings within the Ethereum ecosystem.
Joseph Chalom's appointment as Co-CEO of SharpLink may expedite the institutional adoption of digital assets and reinforce the company's Ethereum strategy, which holds significant prospects for the future.