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BlockNews
Home BUSINESS

BlackRock’s Digital Asset Pioneer Leaves and Joins SharpLink as Co‑CEO: Is This Bullish for Ethereum

Michael Juanico by Michael Juanico
July 25, 2025
in BUSINESS, CRYPTO, ETHEREUM, FINANCE, OPINION
Reading Time: 3 mins read
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  • Former BlackRock executive Joseph Chalom has been appointed Co-CEO of SharpLink Gaming, bringing extensive experience in digital finance and Ethereum-based products.
  • Chalom’s move is seen as a strong endorsement of SharpLink’s strategy to adopt Ether as its primary treasury reserve asset, aligning with Ethereum’s growing institutional adoption.
  • The company aims to expand its Ethereum-driven initiatives and online gaming innovations, leveraging Chalom’s expertise and strategic partnerships from his BlackRock tenure.

SharpLink Gaming, Inc. (Nasdaq: SBET) has named Joseph Chalom, a former senior executive at BlackRock, as its new Co-Chief Executive Officer, effective July 24, 2025. Chalom brings over two decades of institutional expertise, having played a key role in launching the iShares Ethereum Trust (ETHA), the largest Ethereum-based exchange-traded product with assets exceeding $10 billion. Current CEO Rob Phythian will transition to the role of President over the next quarter while remaining on the company’s board.

NEW: BlackRock’s digital assets head Joseph Chalom joins SharpLink Gaming $SBET as Co-CEO, the second-largest Ethereum $ETH treasury company pic.twitter.com/RufUaazKZo

— BlockNews (@blocknewsdotcom) July 25, 2025

Ethereum Treasury Strategy Gains Validation

SharpLink Chairman Joseph Lubin, also a co-founder of Ethereum, praised Chalom’s appointment as a strong endorsement of the company’s ETH-focused treasury strategy. Lubin emphasized that Chalom’s decision highlights the growing importance of Ethereum in transforming global digital finance. Chalom echoed these sentiments, stating that SharpLink’s vision of aligning its strategy with the Ethereum ecosystem matches his commitment to advancing decentralized finance and innovative digital infrastructure.

Chalom’s Legacy at BlackRock

During his tenure at BlackRock, Chalom spearheaded strategic digital asset partnerships with Nasdaq, Coinbase, Anchorage Digital Bank, BNY Mellon, and Circle. He also served as Chief Operating Officer of BlackRock Solutions and acted as interim Deputy COO. His board experience includes roles at Securitize and ClarityAI, further demonstrating his influence in tokenization and AI-driven sustainability analytics. Chalom holds a B.A. in International Studies from Johns Hopkins University and a law degree from Columbia University.

NEW: Joseph Chalom, former Head of Digital Assets Strategy @BlackRock, joins SharpLink as Co-CEO

After two decades at BlackRock, where he helped launch IBIT ($87B+ AUM), ETHA ($10B+ AUM), and BUIDL (the first tokenized Treasury fund on Ethereum), @joechalom is now joining… pic.twitter.com/utOa76AhwE

— SharpLink (SBET) (@SharpLinkGaming) July 25, 2025

SharpLink’s Position in Crypto and Gaming

Based in Minneapolis, SharpLink is the largest publicly traded company holding Ether (ETH) as its primary treasury reserve asset. The company is focused on integrating Ethereum’s capabilities into its gaming and technology platforms, positioning itself as both a leader in blockchain adoption and a disruptor in online gaming. With Chalom’s appointment, SharpLink aims to strengthen its market position, expand its Ethereum-based initiatives, and continue challenging outdated models in digital finance and user experience.

Ask ChatGPT

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: blackrockJoseph ChalomJoseph LubinSharplink GamingTechnology
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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