Cosmos ecosystem L1 Pryzm announces gradual shutdown of operations

AIcoin2025/12/16 09:32

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Formerly known as the Terra ecosystem project Prism Protocol, the Cosmos ecosystem L1 Pryzm has announced that it will gradually cease operations, with plans to complete the process by January next year. Pryzm stated that the decision to discontinue operations was due to the financial unsustainability of maintaining an L1 and the risks associated with transferring management to new operators. Pryzm is requesting users to redeem their assets as soon as possible within the next two to three days.

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On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31