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Most Influential 2021: Antonio Juliano
Decentralized exchange dYdX was one the first to experiment with an innovative layer 2 solution.
By CoinDesk
Updated May 11, 2023, 5:16 p.m. Published Dec 8, 2021, 5:44 p.m. 1 min read
In the world of crypto, exchanges rule. Antonio Juliano is chief executive of dYdX Trading Inc., the company behind one of the fastest growing decentralized exchanges, or DEXes, which briefly overtook Coinbase by trading volume this fall. Though the comparison may not be precise, as dYdX specializes in derivatives not spot trading. Still, Juliano’s exchange executes hundreds of thousands of trades a day for a couple thousand users, many of whom hold a stake in the platform through its governance token (issued Sept. 8). The exchange – backed by crypto notables including Three Arrows Capital, DeFiance Capital and Andreessen Horowitz (a16z) – also implemented some of StarkWare’s layer 2 scaling solutions to save users on gas costs and trading fees. Juliano, 28, is an alum of Coinbase and Uber.
The Complete List: CoinDesk’s Most Influential 2021
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The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II.
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- Securitize reported record first-quarter revenue of $19.5 million, up 39% from a year earlier, driven largely by rapid growth in its asset-servicing business.
- The company remains unprofitable, with its net loss widening to $7.9 million as it increases spending ahead of a planned public listing via a SPAC merger with...
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