Former BlackRock Executive Joseph Chalom Calls Ethereum Wall Street's Infrastructure

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According to MarsBit, Joseph Chalom, co-CEO of Sharplink and former BlackRock head of digital asset strategy, stated that Ethereum is not just another blockchain but the foundation upon which Wall Street will build its financial infrastructure. He emphasized that Ethereum offers the trust, security, and liquidity valued by financial institutions, and that it supports stablecoins, asset tokenization, and smart contract activity, making it a reliable chain for financial digitization. Chalom also noted that most digital asset firms struggle to scale without strong trading volume, clean balance sheets, and internal teams to manage staking and investments. He views Ethereum as the base for the next wave of financial digitization, which will be broadly termed 'finance,' with Ethereum as its underlying infrastructure.

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