SharpLink Amasses $3.7 Billion Ethereum Treasury to Drive Adoption


SharpLink Amasses $3.7 Billion Ethereum Treasury to Drive Adoption
Image source: CoinToday
- SharpLink Gaming’s co-CEO frames Ethereum adoption as a “white swan event” for institutional use. - The publicly listed company holds $3.7 billion in Ethereum and emphasizes transparency and education to foster adoption. Joseph Chalom, the newly appointed co-CEO of SharpLink Gaming, positions Ethereum as the future of corporate treasuries, describing the company's $3.7 billion ETH holdings as a “white swan event” for institutional adoption and a strategic move to impact the financial ecosystem. In addition, Chalom outlined SharpLink’s proactive approach, stating the company will promote Ethereum’s utility and transparency while addressing concerns about market instability. On September 11, 2025, Cryptopolitan reported that Chalom, a former BlackRock executive who joined SharpLink in July, plans to demonstrate Ethereum’s potential to institutional investors by highlighting areas like tokenization, stablecoins, and reduced trading costs. To emphasize Ethereum's value proposition, SharpLink is accumulating its holdings rather than selling them. To distinguish itself from past crypto controversies like the FTX collapse, SharpLink is emphasizing its transparency and regulatory compliance. As a publicly listed company under SEC oversight, it provides weekly updates on its Ethereum balance to ensure accountability. Chalom argued that Ethereum’s “network effect growth story” presents a unique opportunity for corporate treasuries. He acknowledged, however, that different investor perceptions make pitching Ethereum more challenging compared to Bitcoin. As of September 11, 20:13 UTC, Ethereum (ETH) was trading at $4,419.88, with a 2.01% increase in its 24-hour trading volume, according to CoinMarketCap.
Article Info
Category
Market
Published
2025-09-11 20:18
NFT ID
PENDING
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