Joseph Chalom, former head of digital assets strategy at BlackRock, has been appointed co-CEO of SharpLink Gaming, a publicly traded Ethereum treasury company. Chalom played a pivotal role in launching BlackRock’s Bitcoin and Ethereum ETFs and will now help advance SharpLink's strategy centered on Ethereum. Following Chalom's joining, the company's current CEO, Rob Phythian, will transition to the role of president. SharpLink's chairman, Joseph Lubin, praised Chalom's influence on institutional adoption of digital assets and sees his new role as validation of the firm's strategy for Ethereum to effect significant changes in the global digital economy. SharpLink Gaming holds over 360,000 ETH, valued at over $1.3 billion, and has recently acquired nearly 80,000 ETH to bolster its treasury. The company plans to raise up to $6 billion via a stock sale to further its ETH purchases. Shares of SharpLink Gaming have seen a decline of over 6% in recent trading.

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