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Ryan Selkis has announced his resignation as CEO of Messari

Forklog / 19.07.2024 / 15:57
Ryan Selkis has announced his resignation as CEO of Messari

On July 19, Ryan Selkis announced that he was stepping down as CEO of Messari.

A leader's first responsibility is to his team.

This week was the first week in 6.5 years that my politics and rhetoric put the team in harms way.

As such, I have decided to step aside as CEO.

My friend, colleague, and founding teammate @ericturnr will be taking the helm. pic.twitter.com/6icM6efMUu

— Ryan Selkis (d/acc) 🇺🇸 (@twobitidiot) July 19, 2024

"The main responsibility of a leader is his team. This week was the first time in 6.5 years that my politics and rhetoric have harmed the team. In this regard, I have decided to resign as CEO," Selkis wrote.

Probably, the reason was the statements of the founder of Messari regarding the assassination attempt on Donald Trump, which are not publicly available at the time of writing. According to CoinDesk, he reacted emotionally to the incident in a number of posts, and also repeated the anti-immigration policy of the US presidential candidate's movement.

Eric Turner will take over the position of CEO of the company. Previously, he worked as a chief revenue officer. Selkis will move to the status of senior advisor.

Representatives of the company said that he would focus "on crypto policy and important national issues for him."

Ryan recently let us know of his decision to step back from an operational role as the CEO of Messari so that he can focus his time fully on crypto policy and national issues of importance to him. Messari would not be the company it is today, or what it will be in the future,…

— Messari (@MessariCrypto) July 19, 2024

In August 2021, Messari closed a $21 million Series A funding round. The startup was supported by billionaire Steve Cohen through Point72 Ventures, Galaxy Digital, crypto funds CMS Holdings, Nascent, Underscore VC and early investors.

During the next round of fundraising in September 2022, the analytical company raised $35 million. It was headed by the Brevan Howard Digital division of billionaire Alan Howard. 

Recall that in early July, Selkis announced the beginning of the Messari war "against the illegitimate and corrupt" SEC. 

Earlier, he said that the industry has no future in the United States if Joe Biden is re-elected for a second term. 

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