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Sharplink CEO: Firmly believes that Ethereum will be the underlying infrastructure for digital finance that Wall Street ultimately builds.
On November 12, Joseph Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, stated in an interview that he firmly believes Ethereum will be the underlying infrastructure for building digital finance on Wall Street. The three key attributes that financial institutions care about most—trust, security, and liquidity—are all embodied in the Ethereum network. For this reason, he has bet his entire career after leaving BlackRock on this. He defines Ethereum as a “multifunctional” platform—not only capable of supporting financial transactions but also able to accommodate lending, trading, NFTs, and complex applications. In contrast, he describes Bitcoin as an “exemplary store of value.” Joseph Chalom views Sharplink as a continuation of his mission at BlackRock: bridging traditional finance and the encryption ecosystem. “We have spent decades building financial pipelines filled with intermediaries, and Ethereum gives us the opportunity to rebuild these pipelines—faster, cheaper, and more secure.” He does not see Ethereum as a speculative technology but rather as the cornerstone of a new wave of digital finance. “One day, we will no longer say DeFi or TradFi; we will simply refer to it as finance. And Ethereum is the underlying infrastructure that supports it all.”