TLDR
- Sharplink executives Joe Lubin and Joseph Chalom emphasize the importance of ether as a productive financial asset.
- Despite market volatility, Sharplink continues to treat ether as a long-term investment to generate consistent returns.
- Sharplink’s strategy contrasts with traditional ETFs by focusing on permanent capital and staking ether for yield.
- Chalom highlights Ethereum’s growing role in global finance through stablecoins and tokenization.
- Lubin compares the evolution of blockchain to the early internet era, predicting that every company will soon be a blockchain company.
As Ether prices face sharp fluctuations, Sharplink Gaming continues to defend its strategy of treating Ether as a productive asset. The company’s approach revolves around utilizing ether not just as an investment but as a means to generate consistent financial returns. Sharplink’s executives, Joe Lubin and Joseph Chalom, have emphasized the long-term value of decentralized finance (DeFi) solutions during a panel discussion at Consensus Hong Kong 2026.
Sharplink’s Commitment to Ether as a Long-Term Asset
Sharplink Gaming’s executives have expressed strong confidence in the potential of Ether (ETH) as a valuable asset. Chalom pointed out that, despite the market’s volatility, the broader outlook for Ethereum has never been stronger.
“The actual macro tailwinds for Ethereum have never been better in its 10-and-a-half-year history,” he stated.
He referred to the growing adoption of stablecoins and the rise of tokenization as key factors behind the blockchain’s expanding role in global finance. Chalom also highlighted a comment by BlackRock’s Larry Fink, noting that $14 trillion of assets are expected to be tokenized, with over 65% of this occurring on Ethereum.
Sharplink’s approach contrasts with the passive investment strategy of traditional crypto exchange-traded funds (ETFs). Instead of relying on daily liquidity, the company focuses on deploying permanent capital into ether.
According to Lubin, the yield generated through ether staking is a key aspect of their strategy.
“Ether would be a much better asset… because it is a productive asset. It yields. It has a risk-free rate,” Lubin said.
Sharplink’s decision to stake nearly all of its ether holdings has allowed the company to accumulate consistent returns.
Evolving DeFi Strategies for Institutional Investors
Sharplink’s strategy also emphasizes the importance of “good institutional DeFi,” according to Chalom. The company focuses on long-term locked capital, aiming for stable, risk-adjusted returns rather than high-risk, high-reward ventures typical of venture capital (VC) investments.
“We’re not looking for convex VC 10x outcomes, we’re looking for the best risk-adjusted yield for our investors,” Chalom explained. This method, according to Chalom, helps improve the DeFi ecosystem by setting higher standards for institutional engagement.
In their view, the institutional adoption of DeFi will increase over time as firms seek more stable, productive assets on their balance sheets. Lubin compared the evolution of blockchain to the early days of the internet. He noted that while companies once existed solely as internet companies, soon every firm will be a blockchain company. According to Lubin, the future will see more corporations holding tokens on their balance sheets and using sophisticated onchain treasury tools.
