Sharplink CEO: Firmly believes that Ethereum will be the underlying infrastructure for building digital finance on Wall Street

Sharplink Co-CEO and former BlackRock head of digital assets Joseph Chalom stated in an interview that he firmly believes Ethereum will be the underlying infrastructure for digital finance that Wall Street ultimately builds upon. The three key attributes that financial institutions are most concerned about—trust, security, and liquidity—are all embodied in the Ethereum network. For this reason, he is betting his entire career after leaving BlackRock on this.

He defines Ethereum as a "multi-purpose" platform—not only capable of supporting financial transactions but also able to host lending, trading, NFTs, and complex applications. In contrast, he refers to Bitcoin as an "excellent store of value." Joseph Chalom sees Sharplink as a continuation of his mission at BlackRock: bridging traditional finance and the crypto ecosystem. "We have spent decades building financial pipelines filled with intermediaries, and Ethereum gives us the opportunity to rebuild these pipelines—faster, cheaper, and safer." He does not view Ethereum as a speculative technology but rather as the cornerstone of the 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 all of this."