According to Foresight News, Layer 1 blockchain Polymesh announced that the Polymesh Association has appointed Bill Papp as CEO/Executive Director. Bill Papp has served as CEO and board member of the regulated digital bank Arival Bank. He is also a member of the Bretton Woods Committee and serves on the tokenization and stablecoin working group of the Future Finance Group. He has been appointed to multiple public committees in Massachusetts by Massachusetts Governor William Weld, Paul Cellucci and former US Ambassadors to Canada Jane Swift, Mitt Romney and Deval Patrick. Graeme Moore, the former head of the Polymesh Association, will continue to serve as the head of tokenization.