Joseph Chalom, former head of digital assets strategy at BlackRock, has joined SharpLink Gaming as co-CEO, transitioning from a two-decade tenure at BlackRock where he contributed to the launch of Bitcoin and Ethereum ETFs. In his new role, Chalom emphasizes SharpLink's belief in Ethereum as a foundational element of global finance. Current CEO Rob Phythian is shifting to the role of president. SharpLink aims to enhance shareholder value using Ethereum through staking and other strategies and has recently expanded its treasury by acquiring nearly 80,000 ETH. The company holds over 360,000 ETH worth over $1.3 billion and plans a stock sale to raise up to $6 billion to further bolster its Ethereum assets. Chalom's hiring is seen as a significant endorsement of SharpLink's ambitions in the decentralized finance sector.

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