Sui Foundation names Christian Thompson as its new managing director

theblock.co 19/12/2024 - 18:40 PM

Sui Foundation Appoints Christian Thompson as Managing Director

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

“Mainstream adoption of decentralized technology has never been more obtainable,” said Raoul Pal, a board member of the Sui Foundation and CEO of Real Vision, 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 was an “early member” of Meta’s ill-fated Diem blockchain project. Mysten Labs is the chief developer behind the Sui network, and Evan Cheng, the company’s co-founder, also has a background with 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 designed as an alternative to rival chains like Ethereum and Solana.




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