Advertisement
UK markets closed
  • FTSE 100

    8,164.12
    -15.56 (-0.19%)
     
  • FTSE 250

    20,286.03
    -45.77 (-0.23%)
     
  • AIM

    764.38
    -0.09 (-0.01%)
     
  • GBP/EUR

    1.1796
    -0.0009 (-0.07%)
     
  • GBP/USD

    1.2646
    +0.0005 (+0.04%)
     
  • Bitcoin GBP

    47,992.78
    +3.04 (+0.01%)
     
  • CMC Crypto 200

    1,264.23
    -19.60 (-1.53%)
     
  • S&P 500

    5,460.48
    -22.39 (-0.41%)
     
  • DOW

    39,118.86
    -45.20 (-0.12%)
     
  • CRUDE OIL

    81.46
    -0.28 (-0.34%)
     
  • GOLD FUTURES

    2,336.90
    +0.30 (+0.01%)
     
  • NIKKEI 225

    39,583.08
    +241.54 (+0.61%)
     
  • HANG SENG

    17,718.61
    +2.14 (+0.01%)
     
  • DAX

    18,235.45
    +24.90 (+0.14%)
     
  • CAC 40

    7,479.40
    -51.32 (-0.68%)
     

NEAR Foundation’s Marieke Flament Steps Down as CEO

NEAR Foundation CEO Marieke Flament has stepped down after two years in her role running the organization behind the NEAR protocol (NEAR).

Chris Donovan, the foundation’s general counsel, will take her place, according to a Thursday blog post. Flament will stay on as a strategic adviser to Donovan until the end of the year. Flament will remain at the foundation in a council board role.

“When I joined two years ago, NEAR had around 50,000 users, and now we have over 2.5 million daily active users,” Flament said in an interview with CoinDesk. She added that Donovan is well-suited to the CEO role now given “the current regulatory landscape.” She added: “We are not the only ecosystem making a move like that.”

The NEAR protocol currently ranks 34th in terms of total value locked (TVL), a measure of the amount of money stashed in a given blockchain ecosystem, according to data from DefiLlama.