The Block appoints veteran media operator Steve Chung as CEO
Summary
The Block has appointed veteran media and technology executive Steve Chung as its new CEO to spearhead the company's institutional expansion. Chung, with a background at Goldman Sachs, Fox Corporation, and CJ ENM America, will focus on scaling The Block into a globally relevant platform for investors and decision-makers in digital assets, leveraging proprietary data and AI. Larry Cermak will continue as President, overseeing research, data, and product. This appointment follows Foresight Ventures' acquisition of The Block in 2023 and a recent $10 million investment to support its growth, particularly in institutional research, data offerings, and enterprise business.
(Source:The Block)