Sharplink CEO: Ethereum Treasury Companies Diverging from Strategy's Model, Focusing More on Staking Yields

Odaily Planet Daily News Sharplink CEO Joseph Chalom stated that Ethereum treasury companies are gradually deviating from the model of Strategy and Michael Saylor, focusing more on staking yields and a clean balance sheet rather than relying on complex financing structures.

Chalom believes that Ethereum treasury companies can generate returns directly by holding ETH, thus there is no need for excessive leverage. He also said that only a few Ethereum treasury companies will survive market downturns.

Furthermore, citing BlackRock CEO Larry Fink's previous views, he described Ethereum as a "tokenized toll road," and pointed out that events such as the NYSE and Nasdaq advancing 24-hour trading plans, DTCC exploring tokenized collateral, and Bullish's acquisition of Equiniti will all drive tokenized assets further into the traditional financial system.

Chalom anticipates that as stablecoins, tokenized assets, DeFi, and AI applications continue to expand, Ethereum will gradually chart a different development path from Bitcoin in the future. (The Block)