Eclipse announced today that it has appointed Vijay Chetty, its chief growth officer, to replace Neel Somani as its new CEO. Its founder Somani will be departing the company, according to Eclipse.

“Chetty brings over a decade of crypto-native experience to the helm, having held leadership positions at Uniswap Labs, dYdX Trading, and Ripple Labs in addition to his investing experience at BlackRock,” Eclipse wrote in an X post.

The replacement comes less than a week after former CEO and founder Somani acknowledged but denied allegations of sexual harassment in an X post. “I have never sexually assaulted or harassed any woman,” Somani wrote last week. “This is a serious issue endemic to our industry and society in general, and I don't mean to minimize it by my denial of these false …