The first layer 1 protocol specifically built to serve DeFi
The current financial system creates friction that costs the world $71Bn[1] per annum and delivers products that are often rigid and inflexible.
Decentralised Finance (DeFi) offers an alternative, adaptable framework where traditional and innovative new financial applications can be quickly developed and easily accessed by all.
Decentralized finance applications are currently being built on protocols that were not designed to meet the needs and requirements of DeFi services.
Radix is using our significant technology innovations to be the first layer 1 protocol specifically built to serve the rapidly growing DeFi industry.
Access
Despite the rapid growth of crypto, it is surprisingly difficult and expensive to get money into and out of the current DeFi ecosystem.
Our user-centric, vertically integrated approach is focused on making on/off ramping as simple, secure and friction-free as possible.
Liquidity
Liquidity is the lifeblood of the global economy, yet right now most of the world’s tokens and assets have their limited liquidity fragmented across platforms and do not work well together.
The Radix platform provides native functionality for projects, developers, communities and market makers to create and access liquidity pools at the call of an API.
Choice
Network effects of a public ledger are based on both the number of users and the number of connections between assets/applications on the platform.
By standardizing and simplifying the way financial assets/products are represented on Radix, these asset “code blocks” can be easily composed together at scale.
Access
The assets and products on Radix attract users. Lowering the barriers to entry allows more users to enter the ecosystem.
Liquidity
More users in the ecosystem increases transaction volumes, driving up liquidity and down costs.
Choice
Increases in volume and liquidity drives the creation of more assets and products for the user.
Cerberus represents a new generation of consensus protocols, designed and built around a highly sharded data structure enabling unprecedented levels of scale for a distributed ledger. We are excited to be testing Cerberus as part of our work at ExpoLab and see how it performs in real-world environments.
Mohammad Sadoghi
Assistant Professor, Department of Computer Science UC Davis,
Head of ExpoLab
Radix’s journey started back in 2013 when our founder, Dan, saw both the promise and challenges of Bitcoin. For Bitcoin or any cryptocurrency, to become a new global cash system Dan knew it needed to be able to scale to meet global demand.
Over the last 8 years, we have been researching, testing and iterating on new technologies to solve this approach. Read more about the Radix journey and how we got to the answer, Cerberus, here.
Dan Hughes
CTO
Dan founded Radix after developing and selling IP now found in key mobile NFC payment technology. He also designed and co-built T-Mobile’s 1st mobile internet platform.
Piers Ridyard
CEO
A Y Combinator Alumni, Piers joined Radix after exiting his previous company which built DLT based deal rooms for clearing syndicated insurance contracts.
Albert Castellana
CPO
Founding Council Member of NEM ($18Bn peak market cap) giving him experience and insights to running a public ledger few else in the industry can match.
Adam Simmons
Head of Strategy
A digital marketing expert, Adam previously built a video sharing platform to over 35 million Monthly Active Users and the VRA token community to over 250k people.
Alex Cyon
Developer
Alex is a software developer with a passion for Swift, chess and cryptography. Involved with development of Radix Swift library, iOS wallet and Ledger hardware app.
Alex Wormbs
Developer
An ex-ConsenSys engineer, Alex is a coder & nerd at heart. When not programming, you may find him salsa dancing or playing old-school RPG's.
Edgars Nemse
Developer
A former edu-tech cofounder, Edgars has been following the crypto scene since the early days of Bitcoin, he's now helping Radix build the best products in the market
Florian Casar
Developer
A passionate software developer & data science enthusiast, Florian has engineered diverse software projects. He now researches, designs, develops & tests the core of Radix technology
Josh Primero
Developer
Josh proudly claims to writing a chess bot in college which beat the bot of Professor Danny Sleator. He now researches & develops code/theory around consensus at Radix
Leroy Margolis
Head of Finance
With a background in banking with technology & telecoms clients, Leroy is leveraging his experience to set the financial strategic objectives for Radix’s next phase of growth
Maciej Witak
Head of Community
Maciej worked as an IP infringement specialist. He then discovered the rabbit hole of Crypto & is now responsible for the Radix Social Media profiles & community support
Martin Sandiford
Scrum Master/Developer
Coding has been a part of Martin’s life since back before LANs were even a thing. At Radix, he ensures the team lives agile principles & follows the processes
Matthew Hine
Product
Matthew has 15 years of systems engineering experience. He is now helping guide Radix’s strategic approaches to core technology & governance
Richa Vajpeyi
Head of Marketing
Richa has experience running her own marketing firm specifically in Blockchain and now brings her skills and expertise to Radix to steer the brand and marketing for the team.
Romulus Pasca
Developer
Romulus is a Java developer, with more than 20 years of experience, which loves working on highly scalable low latency distributed systems. He is driven to create software that is minimalist, elegant, fast, and reliable.
Shambu Pujar
DevOps
Shambu is a seasoned DevOps and IT practitioner. He is now putting his passion for programming & Infrastructure with code practices to use at Radix
Stacey Williams
Chief of Staff
Hailing from NZ, Stacey has a strong background of Operations in tech startups. As Chief of Staff, she is working closely with Piers to steer the Radix ship
LocalGlobe
LocalGlobe is a UK-based venture capital firm that focuses on seed and impact investments. Seeding ambitious UK founders since 1999 including Citymapper, Improbable, Lovefilm, Moo, Tweetdeck, Transferwise and Zoopla.
Portfolio:
Maven 11
Maven 11 Capital is a prominent European investment firm solely focused on investing in blockchain and distributed ledger technology (DLT). Maven 11 Capital invests in ventures & digital assets that adopt this technology. Their diverse team consists of serial entrepreneurs and traditional finance professionals with a common passion: we believe that blockchain technology will fundamentally change economic and social structures.
Portfolio:
XSquared
Xsquared Ventures was formed by its partners to serve as a catalyst for companies that are creative and disruptive. Their mission is to improve the liberty and well-being of people around the world by pushing for disintermediation through the growth and adoption of distributed ledger technologies.
Portfolio:
Taavet Hinrikus
Taavet Hinrikus is co-founder and CEO of TransferWise. Prior to starting TransferWise, Taavet was Skype’s director of strategy until 2008, starting as its first-ever employee. One of the World Economic Forum's Tech Pioneers, Taavet is an adviser to Prime Minister of Estonia on the digital agenda. He’s also a mentor and angel investor.
Portfolio:
