BlackRock Exec joins SharpLink to activate $ETH treasury, leading ETH staking, restaking, and on-chain yield strategies as new co-CEO.
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Joseph Chalom joins SharpLink Gaming
Joseph Chalom joins SharpLink Gaming after 20 years at BlackRock and takes on the role of co-CEO. This is a significant achievement, as he has impressive experience under his belt. In particular, he oversaw the launch of IBIT (Bitcoin ETP), ETHA (Ethereum ETP), and BUIDL (a tokenized fund on Ethereum).
“After 20 years at BlackRock and helping to lead its digital asset strategy, I’m beginning a new chapter: I’ve joined @SharpLinkGaming as Co-CEO.”
He emphasized that the BlackRock team did not just analyze digital assets, but actually built a bridge between traditional finance and cryptocurrencies:
“We didn’t just talk about digital assets, we bridged TradFi and crypto.”
According to Chalom, Ethereum remains a key vector for SharpLink, which he described as the foundation of the global financial system:
“That Ethereum is becoming the foundation of global finance. And I couldn’t agree more.”
He noted that stablecoins, tokenized assets, and AI agents are moving on-chain, and it is on Ethereum that “the future is being built.”
It is important to note that SharpLink is already one of the largest corporate holders of ETH, with a total volume of over 360,000 ETH worth more than $1.3 billion. This is quite a lot of potential, and if Chalom applies his extensive experience correctly, it could yield extremely interesting results.
Chalom clarified that ETH in SharpLink’s treasury is not simply stored, but used in activation strategies:
“Our goal is not just to hold $ETH, but to activate it, using native staking, restaking, and Ethereum-based yield strategies.”
He also confirmed:
“We’re building a bridge between institutional capital and Ethereum-native yield, packaged in a single public equity. The asset is $ETH, the ticker is $SBET.”
Conclusion
A major addition with a promising vector. How transferable the approaches and practices that Joseph Chalom has drawn on will be remains to be seen shortly. Stay tuned for the latest developments in crypto, blockchain, and DeFi.
