Founder of dYdX steps down as CEO of firm behind decentralized exchange

Dydx News

Founder of dYdX steps down as CEO of firm behind decentralized exchange
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Ivo Crnkovic-Rubsamen will take over as CEO, with Juliano transitioning to the roles of Chairman and President.

Antonio Juliano, founder and CEO of dYdX Trading Inc., the developer behind the decentralized derivatives exchange dYdX, has stepped down as CEO, citing personal and professional reasons.

When asked if there were regulatory concerns that prompted the resignation, the spokesperson said, "The SEC has not taken action against dYdX Trading. We have not received a Wells notice and do not expect to receive one.” However, since becoming “profoundly personally satisfied” and realizing he “ actually have to run own company,” Juliano said that while he can't be replaced as dYdX’s founder, he can be replaced as CEO.Having progressively stepped back over the past two years, Juliano said his “longtime friend and partner in running the company,” Ivo Crnkovic-Rubsamen, was ready to take over as CEO. “It is because of all this I will be stepping down as CEO of dYdX Trading Inc.

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