SharpLink Gaming has appointed Joseph Chalom, the former head of digital assets strategy at BlackRock, as its co-CEO. Chalom, who played a crucial role in launching BlackRock's Bitcoin and Ethereum ETFs, expressed his excitement about joining SharpLink, emphasizing his belief in Ethereum becoming the foundation of global finance. With his addition, SharpLink's current CEO Rob Phythian will transition to the position of president. Chalom's move is seen as a significant endorsement of SharpLink's Ethereum treasury strategy, as the firm has been accumulating substantial Ethereum assets, holding over 360,000 ETH valued at more than $1.3 billion. SharpLink plans to raise up to $6 billion through a stock sale to finance further ETH acquisitions, illustrating its commitment to leveraging Ethereum in innovative financial strategies. Shares of SharpLink Gaming saw a decline of over 6% following the announcement, reflecting market reactions amidst this transition.

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