PANews August 20 news, the Celo Foundation announced the promotion of Elizabeth Peng to Chief Operating Officer (COO), who will be responsible for driving the 'Vision 2030' plan, aimed at promoting key adoption and growth of the Celo blockchain and ecosystem, including scaling the on-chain economy and promoting positive impact use cases.

It is reported that Elizabeth joined the foundation in May 2022, previously serving as Director of Communications and Head of Marketing and Communications, leading Celo's transition from an independent EVM-compatible Layer 1 to an Ethereum Layer 2, and enhancing Celo's influence in the global crypto ecosystem.