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Web3 Foundation hires former Serpentine Ventures COO as CFO

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On March 1, the Web3 Foundation, which promoted the development of Poca, has hired Thomas Fecker Boxler, the former chief operating officer, chief financial of…

Web3 Foundation hires former Serpentine Ventures COO as CFO

On March 1, the Web3 Foundation, which promoted the development of Poca, has hired Thomas Fecker Boxler, the former chief operating officer, chief financial officer, risk management director and legal and compliance director of Serpentine Ventures, as its chief financial officer. Thomas will be responsible for the supervision of the foundation’s financial and operational activities, and report directly to the CEO Bertrand Perez.

Web3 Foundation hired former Serpentine Ventures COO as CFO

Interpretation of the news:


The Web3 Foundation has recently announced its hiring of Thomas Fecker Boxler as its new Chief Financial Officer (CFO). Boxler is a former Chief Operating Officer (COO), Chief Financial Officer (CFO), Risk Management Director, and Legal and Compliance Director of Serpentine Ventures. In his new role as CFO, Boxler will be responsible for overseeing the foundation’s financial and operational activities, and he will be reporting directly to the Web3 Foundation CEO, Bertrand Perez.

The hiring of Boxler is an indication that the Web3 Foundation is keen on ensuring its financial and operational activities are well-managed. Boxler has a wealth of experience in managing the financial and operational activities of organizations, having previously worked at Serpentine Ventures. Serpentine Ventures is a Swiss-based venture capital firm that focuses on investing in blockchain-based companies. As a result, Boxler is well-versed in the blockchain industry, which will prove useful to the Web3 Foundation as it continues to promote the development of Polkadot and other blockchain-based technologies.

Boxler’s appointment is also timely given the growth of the Web3 Foundation. Polkadot has gained significant traction in recent years, with many companies and developers drawn to its interoperable and scalable nature. The foundation’s role in promoting the development of Polkadot has seen it grow in terms of size and financial activity. Having Boxler on board as CFO is, therefore, a strategic move to ensure that the foundation’s finances and operations are well-managed as they navigate this growth phase.

In conclusion, the Web3 Foundation’s hiring of Thomas Fecker Boxler as its new CFO is an indication of its commitment to sound financial management as it continues to promote the development of blockchain-based technologies. Boxler’s wealth of experience in managing the financial and operational activities of organizations, as well as his knowledge of the blockchain industry, makes him a valuable addition to the foundation’s team as it prepares for its next phase of growth.

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