dYdX has announced the onboarding of Charles d’Haussy as the new Chief Executive Officer of its Foundation. The appointment comes at a pivotal moment for dYdX as it seeks to grow the next version of the dYdX protocol, V4, announced last January.
Since its launch in 2017, dYdX has grown to become the largest decentralized cryptocurrency exchange by trading volume and has begun to command market share from large centralized exchanges.
The dYdX Foundation, based in Zug, Switzerland, is an independent non-profit foundation created to participate in driving dYdX, the most powerful decentralized cryptocurrency exchange protocol, into the future. The foundation’s sole purpose is to grow the current and future implementation of the dYdX protocol.
Charles is expected to use his wealth of knowledge and experience to advance the dYdX foundation. Charles already feels like a part of the team after a few weeks of working with the dYdX foundation according to his statement on Twitter. Charles spent four years working for ConsenSys, the leading software distributed protocol company behind Metamask and Infura.
“I am very pleased to welcome Charles as the CEO of the dYdX Foundation. His wealth of experience in various industries with various stakeholders will be a very valuable addition to the foundation and will lead us to the next phase of growth”, Arthur Cheong, President. of the Board of dYdX Foundation.
The need for advancement and growth in the crypto ecosystem has brought about recent appointments in various parastatals. For example, Talos an institutional trading firm recently added three key executives to their workspace as they prepare for expansion. This news comes after Binance appointed Steven Christie to head its compliance team.
Hong Kong gaming software company and venture capital firm Animoca Brands has also appointed Jared Shaw as its Chief Financial Officer. With his new appointment, Jared will lead the strategic financial management of Animoca Brands and its more than 380 target companies.
We hope that these appointments bring about the growth and expansion these companies so desire.
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