Starknet Foundation appoints former Facebook director as CEO

Quick Take

  • The Starknet Foundation has appointed Diego Oliva, a former Facebook executive, as its first chief executive officer.
  • Oliva’s role will include managing the Starknet ecosystem and steering its growth.

The Starknet Foundation, which oversees the Starknet Layer 2 network, said it appointed former Facebook executive Diego Oliva as its first chief executive officer. Oliva will manage Starknet’s ecosystem and steer the network’s growth efforts, the foundation said in a press release.

Oliva previously served as the regional director for Europe, the Middle East, and Africa at Facebook (now Meta) from 2009 to 2015. He also co-founded Glue Home, an IoT company, and held a board position at Just Eat.

The newly appointed CEO said he would focus on growth and expanding the community of Starknet developers and contributors.


Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

“My top priority will be supporting, empowering, and expanding the strong community of devs and others who are making Starknet the most vibrant ecosystem for building and scaling Ethereum,” said Oliva.

Starknet is a widely used Layer 2 scaling network for Ethereum. The Starknet Foundation, holding 50.1% of the initial mint of 10 billion Stark (STRK) tokens, operates and manages Starknet's underlying Layer 2 technology based on ZK-Starks. The foundation also leads community engagement efforts for the network, overseeing project governance and organizing educational events.

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.