Cryptocurrency

The Block Appoints Steve Chung as CEO to Accelerate Institutional Expansion at the Intersection of Crypto, Finance, and AI

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The Block Appoints Steve Chung as CEO to Accelerate Institutional Expansion at the Intersection of Crypto, Finance, and AI

The Block, a leading provider of crypto-native news, research, and data, has appointed Steve Chung as its new CEO to accelerate institutional expansion at the intersection of crypto, finance, and AI. Chung succeeds Larry Cermak, who remains President, overseeing research, data, and product.

The Block has appointed Steve Chung as its new CEO. Chung is a veteran media and technology executive with experience at Goldman Sachs, Fox Corporation, and Azuki. He will lead The Block's expansion into a globally relevant platform for institutional investors and decision-makers in digital assets. The Block has strengthened its balance sheet and expanded its institutional footprint since its acquisition by Foresight Ventures in 2023. Foresight has committed an additional $10 million in growth capital to support the company's next phase of expansion. With Chung as CEO, The Block will focus on scaling its institutional research and data offerings and deepening its role as a critical information and data provider within the global digital asset ecosystem.

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