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SharpLink Welcomes BlackRock Digital Assets Pioneer Joseph Chalom as Newly Appointed Co-CEO
Globenewswire· 2025-07-25 12:00
Company Overview - SharpLink Gaming, Inc. is one of the world's largest corporate holders of Ether (ETH) and a prominent advocate for Ethereum adoption [1][8] - The company is headquartered in Minneapolis, Minnesota, and is publicly traded on Nasdaq under the ticker SBET [8] Leadership Changes - Joseph Chalom, a former senior executive at BlackRock, has been appointed as the new Co-Chief Executive Officer of SharpLink, effective July 24, 2025 [1] - Rob Phythian, the current CEO, will transition to the role of President and remain on the Board of Directors [2] Strategic Vision - Joseph Chalom's appointment is seen as a validation of SharpLink's ETH treasury strategy and its vision for Ethereum to drive transformative change in the digital economy [3] - Chalom expressed enthusiasm for shaping the future of financial infrastructure and decentralized finance, aligning SharpLink's strategic direction with the Ethereum ecosystem [4] Chalom's Background - Chalom has over 20 years of experience at BlackRock, where he led digital finance innovations and was instrumental in launching the iShares Ethereum Trust (ETHA), which has over $10 billion in assets [1][5] - He held multiple senior leadership roles at BlackRock, including interim Deputy Chief Operating Officer and Chief Operating Officer of BlackRock Solutions [6] Industry Position - SharpLink is positioned as a leader in the online gaming sector, aiming to innovate and challenge outdated models through scalable, secure, and transparent solutions [9]
GameSquare Acquires Iconic Cowboy Ape CryptoPunk from DeFi Pioneer Robert Leshner
Prnewswire· 2025-07-24 13:00
Core Insights - GameSquare Holdings, Inc. has made a strategic investment by purchasing a rare "Cowboy Ape" CryptoPunk NFT from Robert Leshner for $5.15 million in preferred stock, marking its first direct NFT investment [1][2][3] - The acquisition is part of GameSquare's blockchain-native brand and treasury strategy, which aims for annualized stablecoin returns of 6-10% [1][5] - GameSquare's Ethereum treasury holdings have increased to over $52 million, following a recent $10 million purchase of approximately 2,742.75 ETH [1][7] Investment Strategy - The NFT yield program targets an expected annualized return of 6-10% by leveraging digital assets within the Ethereum ecosystem [5] - GameSquare plans to utilize CryptoPunks for marketing, community building, and potential licensing opportunities, enhancing its Web3 strategy [5] - The company has formed strategic partnerships with leaders in the crypto space to manage and optimize its treasury management program [8] Asset Management - GameSquare's ETH-focused yield generation strategy is built on Dialectic's proprietary platform, aiming for onchain yields of 8-14%, significantly higher than current ETH staking benchmarks [9] - The company has authorized $250 million for its crypto treasury management strategy, with $45 million already invested in ETH [7][8] - Once fully implemented, capital generated from the yield strategy is expected to support additional ETH purchases or reinvest in growth initiatives [10] Leadership and Vision - Justin Kenna, CEO of GameSquare, expressed excitement about the NFT investment and the partnership with Robert Leshner, highlighting the company's forward-thinking strategy in onchain finance [2][3] - The acquisition of the CryptoPunk is seen as a strategic investment and a statement of intent regarding the long-term value of digital identity and decentralized ownership [4]
X @Token Terminal 📊
Token Terminal 📊· 2025-07-23 12:49
🚨 BREAKING: Active loans across lending protocols on @ethereum reaches $30 billion.The metric is up by ~$27 billion since January '23.Internet capital markets, at scale. https://t.co/tPRyPK45kt ...
NextGen Digital Platforms Inc. Appoints Mahyar Akhbari to the Advisor Board
Globenewswire· 2025-07-23 11:30
Core Insights - NextGen Digital Platforms Inc. has appointed Mahyar Akhbari as an advisor, a significant move for the company in the digital asset and fintech space [1][2] - The appointment is seen as a strong endorsement of NextGen's progress and aims to enhance its digital asset innovation and growth [2] - The company recently added CAD $1,000,000 of Bitcoin to its treasury, indicating positive momentum [2] Company Overview - NextGen Digital Platforms Inc. operates as a fintech and digital asset company, providing exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets [6] - The company is focused on developing innovative financial structures that align with decentralized finance while ensuring transparency and regulatory compliance [6] - NextGen also runs an e-commerce platform and a hardware-as-a-service business supporting the AI sector [6] About Mahyar Akhbari - Mahyar Akhbari is a prominent figure in the cryptocurrency and blockchain space, with a history of involvement since Ethereum's inception [3][4] - He has led multi-billion-dollar credit portfolios at major Canadian banks and founded significant Web3 conferences in Canada [4] - His expertise includes foundational projects in Ethereum and Web3, covering areas such as wallets and enterprise-grade blockchain systems [3][4] Stock Options - In connection with his appointment, Mahyar Akhbari has been granted 265,000 incentive stock options, exercisable at $0.63 per share [5] - The options will vest after four months and are valid for five years from the grant date, subject to the company's stock option plan [5]
21Shares Partners with Societe Generale to Expand Institutional Access to Crypto ETPs in Europe
Globenewswire· 2025-07-23 07:00
Core Insights - Societe Generale has entered into a market-making agreement with 21Shares to enhance liquidity for its Bitcoin and Ethereum ETPs on key fund platforms in Germany and Eastern Europe [1][2][3] Group 1: Partnership Details - The agreement allows Societe Generale to provide over-the-counter liquidity for 21Shares' Bitcoin and Ethereum ETPs (ABTC, CBTC, AETH, CETH) [2] - This partnership aims to expand institutional access to 21Shares' crypto products, making them available to a broader base of professional investors [2][4] Group 2: Strategic Importance - The collaboration is expected to improve liquidity, execution quality, and ease of access for institutional investors in the digital asset market [4] - Both companies express enthusiasm about the partnership, highlighting its significance in advancing innovative liquidity solutions in the ETF and ETP space [3]
Public Market Moves By Crypto Companies | Bloomberg Crypto 7/22/2025
Bloomberg Television· 2025-07-22 18:58
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Jelena Noble Co-Founder and CEO Jelena Djuric and Bitcoin Standard Treasury Company CIO Sean Bill. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, ...
X @Ethereum
Ethereum· 2025-07-22 18:07
RT Kate Li (@kateli_nyc)1/ Ethereum is the backbone of the largest decentralized financial economy in the world.Here’s the data, and why it matters for ETH 📈 ...
Full Alliance Group and Qubitera Holdings Launch Informational Website for YAHBEE – the First Three Tier Affiliate Cross Chain Wallet built for the GIG Economy
Globenewswire· 2025-07-22 12:05
Core Viewpoint - Full Alliance Group, Inc. has launched an informational website for its next-generation affiliate wallet and financial ecosystem, YAHBEE, through its subsidiary Qubitera Holdings, Inc. [1][10] Group 1: YAHBEE Platform Overview - YAHBEE.COM is now live, allowing early supporters and fintech enthusiasts to explore the platform and sign up for updates [2] - The YAHBEE wallet is in pre-launch phase and is not yet available for public use or investment [2][7] - The platform aims to reward everyday users for engaging in a decentralized payment system, integrating crypto, cash, cards, and affiliate income [3][10] Group 2: Features and Tokenomics - YAHBEE is designed as a multi-tier affiliate wallet that pays users in both FIAT and its native YBEE token [5] - Key features include: - Multi-Tier Affiliate Rewards with 3-level payouts for referrals [6] - Commissions paid in both traditional currency and on-chain tokens [6] - Cross-Chain Compatibility with networks like Ethereum, Solana, and Bitcoin [6] - Revenue-Backed Rewards where 25% of platform fiat revenue is redistributed to affiliates [6] - The official YBEE Token Whitepaper is available, detailing tokenomics, revenue-sharing mechanics, and loyalty rewards [5] Group 3: Engagement and Ecosystem - YAHBEE is positioned as an all-in-one launchpad for products and services, incentivizing users to share ads and earn rewards [8] - The platform promotes incentivized virality, allowing merchants, influencers, and users to earn at various points in the value chain [9] - Users can list products, and YAHBEE's ad network promotes them, facilitating seamless payment processing in both crypto and fiat [13]
X @Starknet 🐺🐱
Starknet 🐺🐱· 2025-07-22 09:18
RT Brother Lyskey 🐺🐱 (@Starknet_OG)The Ethereum answer to Hyperliquid is @tradeparadex.And they're already shipping features Hyperliquid doesn’t have:- Perp options- RPI system to improve retail execution- Coming soon: full privacy + a yield-bearing stablecoinI told you 6 months ago, and I’m telling you again: don’t sleep on Paradex.Their XP Season 2 ends around July 31st, but the @MoneyBadgersX campaign is kicking off soon. ...