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The Block, one of the crypto’s prominent news and research platforms, has appointed Steve Chung as its new Chief Executive Officer.
The announcement comes as digital assets move deeper into mainstream financial markets and artificial intelligence begins to fundamentally reshape how information is produced and consumed.
Chung brings a distinctive mix of Wall Street and media experience to the role. He began his career at Goldman Sachs before holding senior positions at Fox Corporation, including Chief Growth Officer and Chief Digital Officer, and later served as CEO of CJ ENM America.
Most recently, he was Chief Operating Officer at Azuki, a leading NFT company.
“The next generation of market leaders in information services will be defined by trust, proprietary data, and direct relationships with institutional audiences,” Chung said.
Larry Cermak, who previously held the CEO title, will remain with the company as President, focusing on research, data, and product development.
“Steve is the right operator to take The Block from category leader to global market leader,” said Cermak. “His experience across finance, media, and crypto positions him to scale the business with the rigor and focus required to serve institutional audiences at a global level.”
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The Block was acquired by Foresight Ventures, a crypto investment firm focused on backing Web3 projects, in 2023. The firm recently committed an additional $10 million in growth capital to fuel the company’s expansion plans.
Under Chung’s leadership, The Block intends to deepen its enterprise business, grow its institutional research and data products, and position itself as an indispensable information layer for investors and policymakers navigating digital assets globally.
Chung has pointed to proprietary data and direct institutional relationships as the pillars on which the platform’s next phase will be built.
Related: Why blockchain could be the game-changer for entertainment and media
This story was originally published by TheStreet on Apr 27, 2026, where it first appeared in the Innovation section. Add TheStreet as a Preferred Source by clicking here.