A former digital belongings govt at BlackRock, Joseph Chalom, has joined publicly traded Ethereum treasury firm SharpLink Gaming as co-CEO, the agency introduced on Friday.
Chalom, who helped launch BlackRock’s Bitcoin and Ethereum ETFs, led the monetary big’s technique on digital belongings because the managing director and head of strategic ecosystem partnerships.
“After 20 years at BlackRock and serving to to steer its digital asset technique, I’m starting a brand new chapter: I’ve joined SharpLink Gaming as co-CEO,” he posted on X. He added that SharpLink is “constructed on a transparent perception: that Ethereum is turning into the inspiration of worldwide finance. And I couldn’t agree extra.”
With Chalom’s addition, present SharpLink CEO Rob Phythian will start transitioning into the function of president.
After 20 years at BlackRock and serving to to steer its digital asset technique, I’m starting a brand new chapter:
I’ve joined @SharpLinkGaming as Co-CEO.
Right here’s why.
At BlackRock, I helped launch:
– IBIT — world’s largest Bitcoin ETP
– ETHA — world’s largest Ethereum ETP
– BUIDL —…— Joseph Chalom (@joechalom) July 25, 2025
“Few executives on this planet have had the sort of affect Joseph has had in unlocking institutional adoption of digital belongings, having pioneered BlackRock’s strategic entry into the house,” SharpLink Chairman and Consensys CEO Joseph Lubin mentioned in a press release. “His resolution to hitch SharpLink is a powerful validation of our ETH treasury technique and imaginative and prescient for Ethereum to drive profound, transformative change throughout the worldwide digital financial system.”
(Disclosure: Consensys is one in all 22 buyers in an editorially unbiased Decrypt.)
With Chalom in tow, SharpLink will proceed its mission of including shareholder worth long-term, using Ethereum as a productive asset through staking, restaking, and different yield-bearing methods to take action.
The agency, which holds greater than 360,000 ETH valued at greater than $1.3 billion, acquired almost 80,000 ETH within the final week because it builds its treasury. It lately detailed plans to boost as much as $6 billion through a inventory sale, with proceeds supposed to gasoline extra ETH purchases.
“We’re constructing a bridge between institutional capital and Ethereum-native yield, packaged in a single public fairness,” posted Chalom. “The asset is ETH, the ticker is SBET.”
Shares of SharpLink Gaming are down over 6% right now to $21.89, extending its losses to greater than 31% within the final 5 days of buying and selling in line with Google Finance.
