SharpLink Gaming announced that Joseph Chalom, former head of digital assets strategy at BlackRock, will join the company as co-CEO. Chalom played a significant role in launching BlackRock's Bitcoin and Ethereum ETFs and his departure marks a pivotal shift for both companies. He expressed his belief that Ethereum is poised to be the foundation of global finance. At SharpLink, he aims to leverage Ethereum as a productive asset through staking and yield-bearing strategies, as the company currently holds over 360,000 ETH valued at more than $1.3 billion. As a result of this news, shares of SharpLink Gaming dropped over 6%. Current CEO Rob Phythian will transition to the role of president. Chalom's addition is seen as a strong stride towards achieving institutional adoption of digital assets, further validating SharpLink's ETH treasury strategy and vision for the future of finance in the digital economy.

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