SharpLink Nabs BlackRock Exec Who Helped Launch Bitcoin, Ethereum ETFs
Joseph Chalom, former head of digital assets strategy at BlackRock, has joined SharpLink Gaming as co-CEO, announced on July 25, 2025. Chalom played a crucial role in launching BlackRock's Bitcoin and Ethereum ETFs. His departure marks a shift after 20 years at BlackRock, where he was instrumental in developing the firm's digital asset strategy. At SharpLink, Chalom believes in Ethereum's potential to become a foundational element of global finance. Current CEO Rob Phythian will transition to the role of president. Chalom's track record is highlighted by his impact on institutional adoption of digital assets. SharpLink, which currently holds over 360,000 ETH valued at more than $1.3 billion, plans to raise up to $6 billion to further build its treasury through ETH acquisitions. Following Chalom's announcement, shares of SharpLink Gaming dropped over 6%, reflecting market reactions amid ongoing adjustments in the digital asset space.
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