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· Shayne Higdon becomes the first CEO of the new HBAR Foundation

Shayne Higdon Becomes the HBAR Foundation's First CEO

Hedera named Shayne Higdon first CEO of the HBAR Foundation on September 16, 2021. He left in August 2024, and the Foundation's grants, funds and on-chain activity followed a separate path.

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A covered market street before opening, with shuttered stalls and one man walking down the middle
A covered market street before opening, with shuttered stalls and one man walking down the middle. Photo · Pexels

Hedera put out a release from Dallas at 09:01 EDT on September 16, 2021, which was 13:01 UTC. It named an independent HBAR Foundation and its first chief executive, Shayne Higdon . The Governing Council had earmarked up to 5.35 billion hbars for the Foundation, worth about $2.5 billion that day by the release's own count. Higdon held the job for 1,080 days and left on August 31, 2024.

Cite this piece

Ryan Elliott Dennis, "Shayne Higdon Becomes the HBAR Foundation's First CEO," CryptoLately, Sep 16, 2021, https://cryptolately.com/articles/hbar-foundation-shayne-higdon-appointed-2021

Tags: foundation leadership · grants · Hedera · ecosystem funds

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