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SharpLink CEO Makes an Institutional Case for Ethereum

SharpLink CEO Jeo Chalom says Ethereum’s economic security and position in tokenized assets make it a leading choice for institutions entering public blockchains.

SharpLink CEO Jeo Chalom says Ethereum’s economic security and position in tokenized assets make it a leading choice for institutions entering public blockchains. Bitcoin (BTC) is trading at ₹70,22,898 ($74,768.00), up 0.4% since this brief published. This is an original Token Times brief based on reporting by ZyCrypto, with live market data added, as of Tue, 10 Nov 2026 05:45:02 UTC.

Why it matters

If institutions increasingly select Ethereum for on-chain activity and tokenized assets, the network could gain greater use as a settlement and investment layer. The claim is relevant amid weak near-term price performance for ETH.

Key takeaways
  • SharpLink’s CEO urges institutions to prioritize Ethereum for on-chain participation.
  • His case centers on economic security and Ethereum’s role in tokenized assets.
  • ETH trades at $2,111.60, down 1.21% over 24 hours and 6.12% over seven days.
  • The total crypto market stands at $2.55 trillion, with the Fear & Greed index at 32.

SharpLink CEO Jeo Chalom called on institutions to consider Ethereum a leading option for participation on public blockchains, according to ZyCrypto. His argument was based on what he described as Ethereum’s economic security and its dominance in the market for tokenized assets, although the coverage provided no supporting figures for either claim. The interview arrives while ETH has underperformed Bitcoin this year, a contrast highlighted by ZyCrypto. Chalom’s position frames Ethereum as an institutional infrastructure choice rather than relying solely on near-term price performance or the asset’s investment case. Institutional participation could be relevant to Ethereum because public blockchains depend on organizations selecting networks for issuing, managing or transacting with tokenized assets. However, the available report does not identify any resulting partnership, capital commitment or adoption agreement, so the development remains an executive endorsement rather than a confirmed institutional deployment.

Ethereum is nevertheless under pressure in the live market. ETH is priced at $2,111.60, down 1.21% over the last 24 hours and 6.12% over seven days, while its market capitalization is $258.05 billion. Bitcoin is also lower, at $74,465 after a 0.37% daily decline and a 2.83% weekly fall. The total crypto market capitalization is $2.55 trillion, and the Fear & Greed index stands at 32, within the “Fear” range.

Market reaction since this brief Live

Since this brief published about 8 hours ago, Bitcoin (BTC) has moved from ₹69,94,437.28$74,465.00 to ₹70,22,897.83$74,768.00 — +0.41%.

$74,423$74,520$74,617$74,713$74,810 published · $74,465 now · $74,768 (+0.41%) Nov 9 21:17 UTC Nov 10 05:45 UTC
BeforeSince publishPublished · ₹69,94,437.28$74,465.00
CoinAt publishNowSince publish
BTC₹69,94,437.28$74,465.00₹70,22,897.83$74,768.00+0.41%
ETH₹1,98,340.88$2,111.60₹1,99,492.45$2,123.86+0.58%

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹7.48M (about $74,768.00), up 0.6% over 24 hours. The rupee itself trades about 6.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#1
₹70,22,897.83$74,768.00 ▲ 0.59%
+0.41% since this brief published
7d -2.78%MCap ₹141.24TFull BTC data →
₹1,99,492.45$2,123.86 ▼ 0.18%
+0.58% since this brief published
7d -5.84%MCap ₹24.38TFull ETH data →
The market when this published · November 9, 2026
Total market cap₹239.65T
Bitcoin 24h-0.37%
Ethereum 24h-1.21%
BTC dominance58.7%
Fear & Greed32 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.

SectorTokenized real-world assets (RWA)$3.52Bacross 28 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

SharpLink CEO Makes an Institutional Case for Ethereum — questions & answers

What did SharpLink’s CEO argue about Ethereum?

Jeo Chalom urged institutions to treat Ethereum as a leading option for public-blockchain participation, citing economic security and the network’s dominance in tokenized assets.

Is ETH outperforming Bitcoin this year?

No. ZyCrypto’s coverage says ETH has underperformed Bitcoin this year, while live data shows ETH down 6.12% over seven days.

Did the announcement include a new institutional commitment?

The supplied coverage identifies no partnership, investment or adoption agreement; it reports Chalom’s endorsement of Ethereum for institutional use.

How much is 1 Bitcoin worth in rupee today?

About ₹7.48M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $74,768.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is up 0.41% since this brief first published — trading at ₹70,22,898 ($74,768.00) now versus ₹69,94,437 ($74,465.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from ZyCrypto. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 10, 2026 ⛓ Timestamped at Bitcoin block #975,253 sha256:a199c307f259c952
Based on reporting by ZyCrypto — this is an original Token Times summary with live market data, not the original article.ZyCrypto · Nov 9 21:17 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.