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About The Block
The Block underwent key leadership transitions: Larry Cermak was promoted to President while former Chief Risk Officer Kaleb Jessee became CEO. Later, the former Azuki COO was appointed new CEO as Foresight Ventures committed an additional $10 million investment. These personnel and funding milestones reflect management optimization and capital backing with lasting strategic importance.
The Block appointed Steve Chung as CEO in April 2026, succeeding Larry Cermak who remains President. Chung, a veteran media executive, will lead the company's institutional expansion. Foresight Ventures committed an additional $10 million in growth capital, following its 2023 acquisition. The company plans to scale institutional research and data offerings, expand enterprise business, and deepen its role as a key information provider in the digital asset ecosystem, leveraging AI to enhance insights. No other major developments were confirmed within the specified period.
The Block co-founder: Mike Dudas.
Core executives: Steve Chung (CEO), Larry Cermak (President), Eden Au (Director of Research), Steven Zheng (Director of Research), Michael Price (Director of Engineering), Ke Zhang (Director of Asia Pacific), Frederick Tan (Deputy Director of Revenue).
Recent team changes at The Block:
Gareth Jenkinson joined in March 2026 as Head of Multimedia.
Matthew Vitebsky (VP, Product) departed in May 2026, having joined in July 2025.
Daniel Kuhn (Senior Journalist) departed in August 2026, having joined in June 2024.