Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Sui Foundation names Christian Thompson as its new managing director

Sui Foundation names Christian Thompson as its new managing director

The BlockThe Block2024/12/18 16:00
By:The Block

Quick Take Sui Foundation, the organization tasked with promoting the Sui blockchain, appointed Christian Thompson as its new managing director.

Sui Foundation names Christian Thompson as its new managing director image 0

Sui Foundation has appointed Christian Thompson as its new managing director.

"Mainstream adoption of decentralized technology has never been more obtainable," Sui Foundation Board Member and Real Vision CEO Raoul Pal said in a statement Thursday. "I believe Sui will be the entry point for the next billion crypto users. As managing director of the Sui Foundation, Christian will be able to bring that vision to life."

Thompson previously worked at Mysten Labs and before that Meta, where he was an "early member" — according to a statement — of the tech giant's ill-fated blockchain Diem project. Mysten Labs is the chief developer behind the Sui network and the company's co-founder Evan Cheng also used to work at Meta.

Thompson replaces Greg Siourounis, who served as the Sui Foundation’s managing director since its inception in 2023.

"In less than two years, due to its scalable and accessible design, Sui has grown into a top destination for millions of crypto users," said Thompson. "Now, we face a critical juncture, where billions more users can realize the benefits of web3 ... I look forward to engaging developers, growing the community, and showcasing Sui as the gateway to the world’s digital future."

Sui is a proof-of-stake Layer 1 blockchain meant to be an alternative to rival chains like Ethereum and Solana.


0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

UBS: Maintains Tesla (TSLA.US) “Neutral” rating, target price $385, AI narrative dominates stock price pricing logic

UBS predicts that Tesla's global deliveries in the third quarter of 2026 (3Q26) will be approximately 470,000 vehicles, representing a year-on-year decrease of 5% and a quarter-on-quarter decrease of 1%.

智通财经•2026/09/26 07:56

Altcoin Price Targets Point to Six 2027 Levels

Cryptonewsland•2026/09/26 07:06

The AI frenzy withstands the "5% US Treasury yield"! Nasdaq hits new highs, strengthening the "80/20" pattern as Wall Street reassesses stock-bond allocation

The 30-year US Treasury yield briefly reached about 5.53%, hitting its highest level since 2004, while Brent crude remains above $100 per barrel. Risk assets have once again withstood the pressure, reflecting investors' continued belief that the commercialization of AI applications and corporate profit growth can to some extent offset the impact of rising financing costs and discount rates.

智通财经•2026/09/26 07:06

AI infrastructure hits a "wall"! Marvell: Copper interconnects and memory bottlenecks become key to the next stage of computing power expansion

The AI computing power competition is evolving into a system-level game encompassing interconnection and memory. According to Marvell executives, inference models have driven KV cache growth by about 10 times in nine months, and rack-level memory can no longer meet demand. Copper connections are approaching their limits, making optical interconnection and memory expansion core to computing power growth. Customization has become an industry trend, and Marvell is set to benefit from its expertise in analog SerDes, photonic fabric memory, and end-to-end customization.

华尔街见闻•2026/09/26 06:31