Consensys CEO Joe Lubin Is Poised to Become Ethereum’s Michael Saylor

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SharpLink Gaming announced a $425 million equity raise to establish an Ethereum treasury, appointing Consensys CEO Joe Lubin as incoming board chairman and triggering a 430 percent stock surge.

Publish date

May 27, 2025

Publisher

The Defiant

Web URL

https://thedefiant.io/news/tradfi-and-fintech/consensys-joe-lubin-sharplink-ethereum-treasury

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Calling it “an exciting time for the Ethereum community,” Lubin, a co-founder of Ethereum, said in SharpLink’s press release that he is delighted “to bring the Ethereum opportunity to public markets. Consensys looks forward to partnering with SharpLink to explore and develop an Ethereum Treasury Strategy and to work with them in their core business as a strategic advisor.”

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Lubin’s position as chairman of SharpLink’s board is set to begin when the private placement closes, which is expected to occur around May 29.

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Joe Lubin appointed chairman of SharpLink’s board

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