Joseph Chalom, formerly the head of digital assets strategy at BlackRock, has joined SharpLink Gaming as co-CEO. Chalom played a key role in launching BlackRock's Bitcoin and Ethereum ETFs and will now transition to leading SharpLink, which is focused on utilizing Ethereum as a productive asset. Alongside Chalom's appointment, current CEO Rob Phythian will move into the role of president. SharpLink is significantly invested in Ethereum, holding over 360,000 ETH, valued at more than $1.3 billion. The company plans to raise up to $6 billion via a stock sale to increase its ETH holdings, which Chalom believes will drive transformative change in the digital economy. Shares of SharpLink have seen a decline of over 6% following this announcement, reflecting market reactions to the latest developments.

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