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Zora's new CEO: Will focus on advancing ZORA token buybacks and holder reward mechanisms, and restart community incentive distributions.

2026.09.10 08:33:25

Decentralized SocialFi platform Zora’s new CEO D. Goens announced that the protocol has made several major adjustments this summer: On the product front, Zora expanded its network support beyond Base to include Robinhood, Solana, and BNB Chain, while rolling out a custom pairing feature that has enabled over 4,000 trading pairs supporting stocks, meme coins, and mainstream assets. On the team side, the company completed layoffs, scaling its headcount to fewer than 10 people, and deeply integrated AI technology to improve operational efficiency. In terms of leadership, co-founder Jacob stepped down as CEO, with fellow co-founder D. Goens taking over the role. The new CEO noted that future priorities will include advancing ZORA token buybacks and holder reward mechanisms, restarting community incentive distributions, accelerating mobile product iteration, and committing to enhanced communication transparency with the community.

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Meta’s pre-market trading turned positive, rising 1.12%, as NVIDIA, AMD, and Broadcom are looking to purchase up to $5 billion in Meta stock.

Meta Platforms (META.O) plans two concurrent underwritten public offerings to raise a total of approximately $35 billion, including about $22.5 billion in Class A common stock and $12.5 billion in Series A mandatory convertible preferred stock. According to reports, Meta's common stock offering will be conducted via forward sale agreements, while the preferred stock offering involves depositary shares representing the Series A mandatory convertible preferred stock. Relevant information shows Meta intends to issue up to 250 million Series A depositary shares. Additionally, NVIDIA, AMD, and Broadcom are each interested in purchasing up to $5 billion in Meta's stock. Meta's pre-market shares turned positive, up 1.12%.

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Tom Lee: Ethereum is expected to rise to $62,000 in the next crypto market cycle.

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Meta’s US-listed shares dropped more than 4% in pre-market trading, as the company launched a $225 billion offering of Class A common stock and a 250 million share offering of preferred depositary shares.

According to market data from BIT (Bit.com), Meta’s US pre-market stock fell by more than 4%. The company announced the launch of a $22.5 billion Class A common stock offering and a 250 million share preferred stock depositary share offering, which pressured its pre-market price.

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Since 1950, US stocks have historically delivered their best performance in November, with the S&P 500 recording an average gain of 1.9%.

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Meta's pre-market losses narrowed sharply, now down 0.5%, after having fallen nearly 4% earlier.

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