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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Industry Position - SharpLink is positioned as a leader in the online gaming sector, aiming to innovate and challenge outdated models through scalable, secure, and transparent solutions [9]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
Vancouver, B.C., July 23, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, is pleased to announce the appointment of Mr. Mahyar Akhbari, a highly respected industry veteran in the digital asset space, as an advisor.Matthew Priebe, NextGen’s CEO, commented: “We’re very excited to welcome Mahyar to the team. He’s a leader in Web3, cryptocurre ...
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
TAMPA, Fla., July 22, 2025 (GLOBE NEWSWIRE) -- Full Alliance Group, Inc. (OTC: FAGI) (“the Company”), today announced that its majority-owned subsidiary, Qubitera Holdings, Inc., has officially launched www.yahbee.com, an informational website introducing the Company’s next-generation affiliate wallet and financial ecosystem, YAHBEE. YAHBEE.COM is now live and provides early supporters, affiliates, and fintech enthusiasts the opportunity to explore the platform’s vision and sign up for priority updates as d ...
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. ...