The post ApeCoin Foundation Appoints Cameron Kates of Yuga Labs as New CEO appeared on BitcoinEthereumNews.com.

Key Takeaways: Cameron Kates, who was previously Yuga Labs’ Chief Business Officer, has been appointed as CEO of the ApeCoin Foundation. This appointment marks a strategic move to strengthen leadership and drive the ApeCoin project forward. The news comes after Yuga Labs underwent a period of restructuring within the NFT space. Cameron Kates, former Chief Business Officer of Yuga Labs, has been appointed as the new CEO and Executive Director of the ApeCoin Foundation. On March 28th, the ApeCoin Foundation’s official Twitter account announced the news. Taking on the role, Kates will bring a wealth of experience and business acumen to the ApeCoin project, helping to strengthen its competitive position in the crowded cryptocurrency landscape. Why Cameron Kates? ApeCoin’s Strategic Leadership Choice Kates’ selection by the ApeCoin Foundation highlights the organization’s commitment to strong leadership and influence. Kates’s previous experience with Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), gives him a wealth of knowledge about the NFT landscape, crypto, and nurturing a community. Before becoming Chief Business Officer at Yuga Labs, Kates served as its Chief Legal Officer. He has also served as a Senior Corporate Attorney at Fenwick & West, an Associate at Troutman Pepper, and an Associate at Pepper Hamilton LLP. Appointing someone of Kates’ caliber from a leading ecosystem like Yuga Labs underscores the ApeCoin Foundation’s commitment to sustainable long-term growth and strategic development. The Foundation is optimistic that Kates’ experience will play a significant role in helping ApeCoin grow and thrive. The Restructuring of Yuga Labs and Its Impact on the ApeCoin Ecosystem Kates’ move to the ApeCoin Foundation comes amid a time of major transition for Yuga Labs. In early 2025, Yuga Labs co-founder Greg “Garga” Solano conceded that “Yuga lost its way” and launched a restructuring effort, which involved layoffs. Yuga Labs had…

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Filed under: News - @ March 29, 2025 5:34 pm