Business
SharpLink Appoints Joseph Chalom as Sole CEO and Member of the Board; Rob Phythian Steps Down Following Company’s Planned Transition
Minneapolis, MN, Dec. 17, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate
About this update from Sharplink, Inc.
[{"type":"text","content":"Minneapolis, MN, Dec. 17, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced that effective December 15, 2025 its Board of Directors has appointed Joseph Chalom as sole Chief Executive Officer and elected him to the Board. Rob Phythian has stepped down from his roles as Co-Chief Executive Officer and Director, marking the completion of the Company’s planned senior leadership transition following its strategic expansion as an Ethereum treasury company. Since formally launching its ETH treasury business on June 2, 2025, SharpLink has executed a rapid strategic initiative focused on building the leading institutional-grade ETH treasury platform. Key milestones include: Doubled ETH concentration: Accumulated 863,424 ETH1 through disciplined execution, reflected in a more than 2x increase in ETH-per-share;Enhanced staking productivity: Staked nearly 100% of its ETH and earned 9,241 ETH2 in staking rewards;Expanded institutional ownership: Expanded engagement with top financial firms, reflected in institutional ownership increasing from low single digits to over 30% as of Q3 2025; andBuilt best-in-class operating platform: Onboarded expert team to manage treasury, investment and risk capabilities, reducing reliance on outsourced execution. These accomplishments, achieved in just over six months, have fundamentally positioned SharpLink for long-term growth and enduring shareholder value creation. Joseph Lubin, SharpLink Chairman of the Board, Founder and CEO of Consensys and Co-Founder of Ethereum, commented, “On behalf of the Board, I want to thank Rob for his leadership and for helping guide SharpLink through a pivotal transition. With Joseph assuming full CEO responsibilities, we are focused on deepening ecosystem partnerships and staking operations and continuing to build long-term value for shareholders with our institutional-grade ETH treasury platform.” Phythian stated, “It has been an honor to help build SharpLink and support the team through this transformational period. I’m proud of what the Company has accomplished, and I wish Joseph and the broader SharpLink team continued success as the Company scales its ETH treasury strategy.” Chalom added, “I appr...