Head of global group at Klaytn Foundation quits

David Shin, head of global group at Klaytn Foundation, has stepped down from his role at the crypto major, he announced in a LinkedIn post.

David Shin (left), former head of global group at Klaytn Foundation/ Photo credit: Klaytn

Shin was associated with the Klaytn Foundation for nearly 1.5 years. The foundation is a global public blockchain project by South Korean internet giant Kakao.

At the Klaytn Foundation, he focused on building adoption and utility of the Klaytn blockchain across developer, retail, and enterprise groups.

“When the tide is low, it just means we need to be ready for when it comes back again… Klaytn is well positioned for that next wave,” he said in his departure note.

Shin is a former banker who has been involved in several startups globally, especially in the crypto and blockchain sectors.

See also: Korean gaming giant WeMade leaves Klaytn to launch own Layer 1 blockchain