The Sui Foundation, an organization dedicated to layer 1 blockchain Sui, has appointed a managing director to shepherd the ecosystem's growth following a protracted market downturn punctuated by regulatory crackdowns. Greg Siourounis, an economics professor at Panteion University of Social and Political Sciences in Athens, Greece, and formerly in Barclays Capital, takes the newly created position immediately. The appointment forms part of the year-old blockchain's efforts to strengthen activity across the network by promoting the development of decentralized applications and expanding the user base.
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