Ethereum News Today: Joseph Chalom Joins Sharplink to Expand Ethereum Treasury Strategies, Driving Institutional Adoption

Joseph Chalom, the former architect of BlackRock’s Ethereum exchange-traded product (ETP), has joined Sharplink as co-CEO to lead the firm’s expansion of Ethereum treasury management strategies. This appointment marks a significant shift for Sharplink, a publicly traded entity holding 360,807 ETH in its portfolio. Chalom, who previously contributed to the launch of BlackRock’s Bitcoin and Ethereum ETPs, brings institutional-grade expertise to Sharplink’s mission of enhancing Ethereum’s yield generation through staking and treasury optimization. His role is seen as a validation of the firm’s vision to bridge traditional finance (TradFi) and decentralized finance (DeFi) protocols, fostering institutional adoption of Ethereum-based strategies [1].

Sharplink’s strategy aligns with growing corporate and institutional interest in crypto-native treasury management. The firm aims to leverage Ethereum’s $1.3 billion corporate treasury—aggregated across publicly traded entities—to develop scalable solutions for yield generation. Chalom’s background in both TradFi and crypto markets positions him to address gaps in asset management, particularly in protocols that integrate conventional financial frameworks with decentralized infrastructure [2]. His leadership follows BlackRock’s recent progress in Ethereum staking, including proposed products expected to be approved by April 2026 [4], underscoring Ethereum’s expanding role in institutional portfolios.

The partnership highlights a broader trend of talent migration from traditional financial institutions to crypto-focused ventures. Chalom’s departure from BlackRock—a pioneer in institutional crypto exposure—reflects the maturation of Ethereum’s ecosystem. Analysts suggest his experience in designing BlackRock’s crypto products could enable Sharplink to implement high-conviction strategies, such as liquid staking tokens (LSTs) and DeFi yield protocols [2]. These approaches aim to enhance returns for institutional investors while navigating regulatory and market uncertainties.

Despite optimism, challenges remain. Regulatory scrutiny of staking activities and competition from other Ethereum treasury management firms could test Sharplink’s growth trajectory. The firm’s public filing to resell $5 billion in stock to fund ETH purchases underscores its aggressive stance but also highlights risks associated with market volatility. Ethereum’s price relative to Bitcoin (ETH/BTC) has seen a 5.2% increase over seven days as of July 26, 2025 [6], though sustained institutional participation in staking is critical to stabilizing yields and driving adoption.

Sharplink’s ability to generate consistent, institutional-grade returns will determine its success in shaping Ethereum’s long-term viability as an asset class. The firm’s public listing and Chalom’s credibility in both TradFi and crypto markets provide a competitive edge, yet execution against ambitious goals like expanding treasury holdings will require navigating regulatory and technical complexities. As corporate treasuries increasingly allocate assets to Ethereum, Sharplink’s strategies could influence broader market dynamics, particularly if BlackRock’s Ethereum staking products gain regulatory approval [4].

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/

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

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