In brief
- SharpLink Gaming’s treasury strategy will be a positive “white swan event” for Ethereum as it helps educate traditional players, its co-CEO told Decrypt.
- Some industry observers fear that the crypto treasury trend could end badly for the industry, as swarms of companies have started stockpiling digital assets this year.
- Joseph Chalom, co-CEO of SharpLink Gaming, said that public treasury companies are required to be transparent and follow stricter regulations—unlike crypto’s black swans of the past.
SharpLink Gaming’s co-CEO is pushing back on concerns that the crypto treasury trend will negatively impact the industry, telling Decrypt that it will not be the black swan event that drags down the crypto market this cycle, akin to the FTX collapse of the past.
Rather, the recently appointed leader for the publicly traded company—which has rapidly amassed over $3.7 billion worth of Ethereum—believes it will be a positive “white swan event” that brings institutional ETH adoption to levels never seen before.
Joseph Chalom told Decr
Go to Source to See Full Article
Author: Ryan Gladwin
