SharpLink Names Former BlackRock Executive Joseph Chalom as Co-CEO Amid Ethereum Treasury Push
Date: 2025-07-25
Chalom, who spent more than two decades at BlackRock, played a central role in driving the company’s blockchain and digital asset initiatives. He was instrumental in launching BlackRock’s spot ETH ETF and previously served on the board of Securitize, a prominent tokenization firm that partnered with BlackRock to issue the largest tokenized U.S. Treasury fund.
“Few executives in the world have had the kind of impact Joseph has had in unlocking institutional adoption of digital assets,” said Joseph Lubin, Chairman of SharpLink and co-founder of Ethereum. “His vision aligns perfectly with our Ethereum-first approach.”
Current CEO Robert Pythian will transition into the role of president over the next quarter and will remain on SharpLink’s board of directors.
Since announcing its pivot in May, SharpLink has become one of the most aggressive corporate buyers of ETH, amassing over $1.3 billion in tokens. The move places it alongside a growing number of companies embracing Web3-native strategies. For example, crypto prop trading platforms such as ATNirex have seen a rise in user adoption, while fintech firms like ViriPay are expanding virtual card offerings for digital asset users. Meanwhile, staking-focused platforms such as Atnir Capital continue attracting retail and institutional interest with high-yield Web3 investment plans.
Despite these broader trends, SBET shares fell 3% in early trading Friday and are down 30% over the past five sessions.
