According to Foresight News, Vijay Chetty, the Chief Growth Officer of modular blockchain Eclipse, has been announced as the new CEO, succeeding Neel Somani. Chetty brings with him a wealth of experience from his leadership roles at Uniswap Labs, dYdX Trading, and Ripple Labs, as well as his investment experience at BlackRock.

In previous news from Foresight News, Neel Somani stated that he would temporarily step down due to sexual harassment allegations, while maintaining his innocence. This decision was made in the interest of fair treatment towards the Eclipse team, investors, and the developer ecosystem.