BlackRock's digital asset chief departs to join Ethereum treasury firm SharpLink Gaming
Key Takeaways
- BlackRock's former digital asset chief Joseph Chalom will join SharpLink Gaming as Co-CEO, strengthening its focus on Ethereum strategy.
- SharpLink is a major Ether holder and aligns its strategic direction with the Ethereum ecosystem.
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Joseph Chalom, who led BlackRock’s global digital asset efforts for nearly 20 years, has taken on a new role as co-chief executive officer at SharpLink Gaming, one of the world’s largest corporate holders of Ether (ETH), the company announced Friday.
Since launching its Ethereum treasury strategy, SharpLink Gaming has scooped up approximately 360,807 ETH, valued at around $1.3 billion at current market prices. The company has also achieved 567 ETH in staking rewards.
Chalom’s appointment reflects SharpLink’s ongoing commitment to building scalable, Ethereum-driven financial platforms that serve both users and shareholders.
The move also marks Chalom’s deep engagement with the Ethereum ecosystem and digital asset innovation. He played a key role in launching BlackRock’s flagship Ethereum fund, the iShares Ethereum Trust (ETHA), which has grown to over $10 billion in assets. ETHA is the third-fastest ETF ever to reach this milestone.
“I am joining SharpLink because I see a powerful opportunity to help shape the future of financial infrastructure and decentralized finance,” Chalom said. “SharpLink’s commitment to aligning its strategic direction with the Ethereum ecosystem reflects a bold and forward-thinking vision.”
“Few executives in the world have had the kind of impact Joseph has had in unlocking institutional adoption of digital assets, having pioneered BlackRock’s strategic entry into the space,” said Joseph Lubin, SharpLink Chairman, and founder of Consensys.
Rob Phythian, SharpLink’s current CEO, will transition to the role of President and maintain his position on the company’s Board of Directors.
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