Ethereum News Today: Joseph Chalom Joins SharpLink to Boost Ethereum Staking as ETH Rises 41.20% in 30 Days

Joseph Chalom, the former BlackRock executive who spearheaded the firm’s digital asset exchange-traded product (ETP) strategies, has joined Ethereum-focused treasury management company SharpLink as co-CEO to lead its institutional-grade staking and yield-generation initiatives [1]. His appointment signals a strategic pivot for the crypto market, as his expertise in structuring large-scale Ethereum strategies aligns with SharpLink’s mission to optimize corporate treasury management through blockchain technology [2]. The company disclosed holding 360,807 ETH, a position it aims to leverage via Ethereum’s proof-of-stake staking mechanisms to generate returns and drive institutional adoption [3].

Chalom’s prior role at BlackRock included overseeing the development of the firm’s Bitcoin and Ethereum ETPs, which became critical in connecting traditional finance (TradFi) with crypto markets [4]. His transition to SharpLink reflects a broader trend of talent migration from established financial institutions to crypto-native firms. Analysts highlight that his regulatory compliance background and institutional execution experience could bolster SharpLink’s credibility as it scales its Ethereum treasury strategies [4]. The company’s approach centers on maximizing staking yields by participating in Ethereum’s consensus layer, a model that has gained traction as institutional investors seek diversified portfolios and inflation hedging [5].

SharpLink’s strategic focus on Ethereum underscores the asset’s growing prominence in corporate treasuries. Public companies collectively hold over $1.3 billion in ETH, a figure that aligns with Chalom’s emphasis on Ethereum’s technical advantages, including its mature infrastructure and active developer ecosystem [6]. The firm’s recent filing to resell $5 billion worth of stock—intended for ETH acquisitions—further signals confidence in Ethereum’s long-term utility [7]. SharpLink has pledged transparency by regularly reporting staking yields and treasury performance metrics, a move that could attract risk-averse institutional investors seeking predictable returns in a volatile market [7].

The market has responded positively to the news, with Ethereum’s price showing modest gains in the week preceding the announcement [9]. Over 30 days, ETH’s value against Bitcoin increased by 41.20%, outperforming the broader crypto market’s 17.10% decline [9]. While no direct correlation is drawn between Chalom’s hiring and this trend, it reflects growing confidence in Ethereum’s utility. Analysts at Bloomberg note that BlackRock’s potential approval of ETH staking products remains pending, with regulatory clarity expected as early as April 2026 [8]. Chalom’s proactive strategy at SharpLink positions the firm to establish Ethereum treasury management as a standard practice ahead of broader institutional adoption.

SharpLink’s roadmap includes expanding staking services to other crypto assets and exploring partnerships with traditional financial institutions [3]. The firm’s public ownership structure and regulatory filings suggest it is well-equipped to navigate the evolving compliance landscape. Chalom’s leadership is expected to accelerate these efforts, further cementing Ethereum’s role as a foundational asset in institutional treasury strategies.

Source:

[1] [Blackrock’s ETH Architect Joins Sharplink to Lead Ethereum Treasury Revolution – Finance Bitcoin News](https://news.bitcoin.com/blackrocks-eth-architect-joins-sharplink-to-lead-ethereum-treasury-revolution/)

[2] [Ethereum News Today: Joseph Chalom Joins SharpLink](https://www.ainvest.com/news/ethereum-news-today-joseph-chalom-joins-sharplink-ceo-expand-ethereum-treasury-institutional-engagement-2507/)

[3] [SharpLink Gaming's Strategic Shift: Leveraging Chalom's](https://www.ainvest.com/news/sharplink-gaming-strategic-shift-leveraging-chalom-fintech-expertise-unlock-ethereum-driven-growth-2507/)

[4] [SharpLink Nabs BlackRock Exec Who Helped Launch](https://decrypt.co/331864/sharplink-nabs-blackrock-exec-helped-launch-bitcoin-ethereum-etfs)

[5] [Press Releases](https://www.quiverquant.com/news/category/press_release_summary)

[6] [Ethereum Latest News](https://news.bitcoin.com/blackrocks-eth-architect-joins-sharplink-to-lead-ethereum-treasury-revolution/)

[7] [Crypto News & Insights | Bitcoin News](https://www.kucoin.com/news)

[8] [ETH to BTC: Ethereum Price in Bitcoin](https://www.coingecko.com/en/coins/ethereum/btc)

[9] [ETH to BTC: Ethereum Price in Bitcoin](https://www.coingecko.com/en/coins/ethereum/btc)