Hong Kong-based Crypto.com not too long ago introduced its CTO and Co-Founder, Gary Or, has launched Particle B, which is an accelerator that can incubate DeFi initiatives constructed on the Crypto.com Chain in addition to the Bitcoin and Ethereum networks. Based on Crypto.com, Particle B “believes” in an open-source web of worth and can spend money on rising and high-potential applied sciences that may ship disruptive outcomes.
Crypto.com additionally reported that Or will likely be stepping down from his position as CTO of Crypto.com to focus full-time on Particle B. Matthew Chan, Crypto.com’s CIO since 2018 has been promoted to CTO. Talking about Particle B’s launch and Or’s transfer, Kris Marszalek, Co-Founder and CEO of Crypto.com acknowledged:
“Gary is among the brightest minds in crypto, and his contributions to Crypto.com are unparalleled. We’re extraordinarily enthusiastic about his choice to launch Particle B, which is able to assist kick-start an ecosystem constructed on prime of the Crypto.com Chain.”
Particle B expects to launch at the very least one undertaking per quarter in 2021, with DeFi being the primary space of focus for the accelerator.