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dYdX Trading Inc Founder Antonio Juliano Steps Down As CEO, Token Takes a Hit

source-logo  newsbtc.com 13 May 2024 19:00, UTC

Antonio Juliano, the founder of dYdX Trading Inc., has announced his decision to “step down” as Chief Executive Officer (CEO), citing a mix of “personal and professional reasons.”

This move marks a significant change for the company behind the decentralized derivatives exchange dYdX. Juliano will transition to the roles of Chairman and President, with Ivo Crnkovic-Rubsamen set to take over as CEO.

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This downturn contrasts with the general recovery in the crypto market, highlighted by a 2.8% increase in Bitcoin over the same period.

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Featured image from Unsplash, Chart from Tradingview

newsbtc.com