PANews reported on May 13 that Antonio Juliano, founder of dYdX, said in an official blog that he would resign as CEO of dYdX Trading Inc. and become chairman and president. Ivo Crnkovic-Rubsamen, the company's operating partner, will become the new CEO. Juliano said: "I realized that I don't actually have to run my own company. I am now and will always be the founder of dYdX. When I realized that I didn't need to be the CEO, I worked hard to guide other leaders of the company on their own leadership journey until one of them was ready to run the company himself. At the beginning of this year, it became clear to me that this person, Ivo Crnkovic-Rubsamen, my long-time friend and company operating partner, was ready to take over the company in its entirety."
Juliano also said: “dYdX is not done yet, not even close. The opportunity is bigger now than ever before. It is becoming very clear that DeFi will become the main way cryptocurrency is used and derivatives will play a big role in it.”
