According to Odaily Planet Daily, the Wormhole Foundation has announced the appointment of Arian Motamenzadeh as the new Managing Director, focusing on protocol fee conversion and related protocol revenue, as well as driving Wormhole's adoption on the institutional side. Arian Motamenzadeh has over ten years of experience in startup leadership, market entry strategy, and scaling profitability, having achieved over $350 million in annual recurring revenue for companies like DoorDash and EasyPark, and led enterprises to achieve billion-dollar IPOs and exits.