The cryptocurrency market’s growing momentum is fostering notable advancements in various sectors. Developments in the blockchain space, especially of late, are accelerating projects and drawing investor interest. The latest development that caught everyone’s attention is from the popular Layer-1 network Avalanche. Accordingly, the Avalanche Foundation announced on March 13th through X that Aytunç Yıldızlı is the new CEO.
Key Moves from the Avalanche Foundation
According to announcements made on Avalanche’s official blog site and through X, the Avalanche Foundation has expanded its board of directors. With this step, the board now consists of seven members. Joining the board are Dr. Ömer Demirel, Nicolas Lemaitre, and Vikram Nagrani. Avalanche Foundation Board member Dr. Emin Gün Sirer commented on the developments:
“The Foundation’s Board of Directors is ready to continue supporting the growth, innovation, and impact journey of the Avalanche public network. We eagerly look forward to collaborating with all members of the Avalanche community as we work together to realize our shared vision for the future of decentralized systems, blockchain technology, and a better internet.”