Sharplink has announced the appointment of former BlackRock executive Joseph Chalom as co-CEO. This event comes amid active competition for positions in the digital asset market.
Joseph Chalom's Appointment at Sharplink
Joseph Chalom has been named co-CEO of Sharplink effective July 24. In his new role, he will be responsible for shaping and executing the company's global strategy in public markets and Ethereum-based digital infrastructure.
Chalom's Experience and Role at BlackRock
Chalom brings over 20 years of experience from BlackRock, the largest crypto ETF provider in the world. He was involved in developing and managing the firm's strategy concerning digital assets. The launch of BlackRock's iShares Ethereum Trust was enabled by his work.
Competition Between Sharplink and BitMine
Chalom's appointment comes shortly after BitMine Immersion Technologies announced the purchase of 566,776 ETH worth over $2 billion. This followed Sharplink's own announcement of a $259 million ether acquisition.
Joseph Chalom's appointment at Sharplink underscores the company's commitment to strengthening its position in the digital asset sector and competing with other players in the market.