Stellar Development Foundation Unlocks Growth with Strategic New Hires

Key Points

1. José Fernández da Ponte, former head of PayPal’s blockchain and crypto efforts, joins SDF as President and Chief Growth Officer (CGO) to drive growth and enhance the network’s utility.

2. Jason Karsh, with experience at Block and Blockchain.com, joins as Chief Marketing Officer (CMO) to focus on market penetration and brand building.

3. These hires reflect SDF’s commitment to combining foundational blockchain technology with sophisticated business development and marketing efforts.

4. The appointments aim to position Stellar to proactively shape its future in the Web3 space, focusing on real-world utility and interoperability.

5. The new leadership is expected to enhance Stellar’s ability to serve various Web3 applications, including stablecoins, CBDCs, DeFi, and NFTs.