Loopring CTO Steve Guo to become new CEO
We are incredibly excited to announce that Steve Guo (former CTO) has been appointed the role of CEO of Loopring.
Steve takes over this role from Daniel Wang (Founder of Loopring), allowing him to invest more energy into developing the next generation Layer 2 strategy. Daniel will continue to serve as a close advisor to Loopring.
Steve brings an incredible vision for the mass adoption of Layer 2 networks and how they will become essential for Ethereum going forward. This vision will help push the Loopring ecosystem into its next phase in 2022 and beyond.
You can read more about Steve’s vision for the future from a recent talk he made at Shenzhen Blockchain Week here.
“Steve shares the same vision with me that layer 2 and smart wallet will both play critical roles in massive user onboarding to crypto and web3. He has been acting as CEO since September last year and has demonstrated extraordinary skills in engineering management.”, Daniel said, “I believe Steve will lead Loopring to the next level in terms of user acquisition and increased trading volume.”
From Steve, on the transition to his new role as CEO:
“Loopring’s core technology is elegant and strong, a nice balance between features and complexity. This year, we will focus on our new NFT support, improving documentation, polishing wallet and DEX user experience, and enhancing service availability. I believe the best of Loopring is yet to be seen.”
About Steve
Steve has had a wonderful career and academic background. Steve was admitted to the University of Science and Technology of China when he was only 15 years old. He graduated with a Ph.D. in computer science in 2005 and started his career at Intel as a software engineer and a tech lead.
During the following years, Steve had been dedicating his work to Android ROM development and customization and later became a true Android expert. In 2015, he joined Cheetah Mobile, a public company listed on NYSE, as a Senior Director of Engineering, after the company acquired his first startup, PowerMo Information Technology Limited.
In early 2018, Steve founded a blockchain company, Dora Network. The company focused on side-chains and interoperability; and in the meanwhile, his team developed a strong capability for optimizing Zero-Knowledge Proof computation with GPUs.
In July 2019, Steve joined Loopring as CTO with his team from Dora Network to build the first zkRollup system.
Loopring is incredibly lucky to have Steve at the helm. His talent, knowledge, experience, and leadership have been invaluable additions to the Loopring ecosystem over the past years and we couldn’t be more excited to see what the future brings under his leadership.
About Loopring
Loopring is an Ethereum Layer 2 zkRollup protocol for scalable, secure exchanges & payments. Loopring builds non-custodial, high-performance products atop our L2, including the Loopring Wallet — a mobile Ethereum smart wallet, and the Loopring L2 web app — an L2 orderbook and AMM DEX. To learn more, you can sign up for our Quarterly Update or see Loopring.org.
