While many people still debate how much ETH has remained stagnant, SharpLink CEO urges institutions to choose Ethereum for on-chain participation. In an interview released today, Jeo Chalom explained why institutions should choose Ethereum as a top on-chain investment.
Institutions moving to public blockchains
Although ETH has underperformed against BTC this year, Jeo Chalom and SharpLink remain optimistic about Ethereum.
Dominant firms don’t just choose a new blockchain at random. They figure out compliance costs, custody, security, and liquidity solutions – essential things required to power serious money and careful examination.
SharpLink is not a small player. It is a Nasdaq-listed company focused on managing an Ethereum treasury while offering investors sophisticated exposure to on-chain opportunities. It is currently the world’s second-largest corporate holder of Ether, with total holdings of 888,938 ETH worth $1.88 billion, following the market leader BitMine, which currently holds 6,060,506 ETH valued at $12.82 billion.
With market data showing more institutions turning to onchain applications, Chalom has advised them to consider Ethereum. The SharpLink CEO said if institutions intend to operate onchain where most of the money and liquidity already sit, Ethereum is the top ecosystem.
According to the executive, Ethereum leads the onchain game, with 54.1% of the world’s $163 billion in stablecoins built on the network. Furthermore, the CEO said Ethereum is also the market leader in asset tokenization, hosting 41% of tokenized assets.
Ethereum is the sovereign onchain economy
The above statistics show Ethereum is the top institutional bet in onchain investment engagements. The records indicate that the network is the backbone of the onchain dollar economy and tokenized RWA ecosystems .
In other words, the CEO’s insights and the data above show that Ethereum’s growing role continues to attract more institutions, including asset managers, hedge funds, Wall Street companies, and many others, as they embrace the on-chain craze.
