Cecilia Hsueh announced her resignation as CEO of MorphLayer, a Singapore-based Ethereum Layer 2 project she co-founded in 2023, which raised $20 million in seed funding to build a consumer-focused blockchain using optimistic and zero-knowledge rollup technologies.

Hsueh’s departure follows a trend of high-profile exits in the blockchain space, as seen with Morph co-founder Azeem Khan’s recent exit, reflecting the intense pressure of scaling innovative tech amidst regulatory and scalability challenges, with Morph now aiming to leverage Goltra’s expertise for mainstream adoption.

This news might feel a bit heavy, but I think it’s time to share this decision with everyone. After careful reflection, I’ve decided to officially step aside as CEO of @MorphLayer.

Morph has been my obsession, my home, and one of the wildest, most meaningful ride of my life.

Cecilia Hsueh

Cecilia Hsueh announced her resignation as CEO of MorphLayer, a Singapore-based Ethereum Layer 2 project she co-founded in 2023, which raised $20 million in seed funding to build a consumer-focused blockchain using optimistic and zero-knowledge rollup technologies.

Hsueh’s departure follows a trend of high-profile exits in the blockchain space, as seen with Morph co-founder Azeem Khan’s recent exit, reflecting the intense pressure of scaling innovative tech amidst regulatory and scalability challenges, with Morph now aiming to leverage Goltra’s expertise for mainstream adoption.
https://x.com/cecilia_hsueh/status/1929567642521948592?t=cdR_3O1V_B3GLmfekQt-JA&s=19