Alexander Ray, our partner within the CTDG initiative and a Web3 entrepreneur, co-founder of Albus Protocol and JPool, has passed away
Alexander Ray, a respected Web3 entrepreneur and co-founder of Albus Protocol and JPool, has passed away. As a key partner in the CTDG initiative, he Solana ecosystem, he was known for his work on validator infrastructure and staking systems. With over two decades in enterprise software and finance, Ray focused on building long-term financial infrastructure in Web3 rather than speculative products. He founded PointGroup, which incubated projects like JPool (a Solana liquid staking platform managing over 1.3M SOL), Albus Protocol (a privacy-preserving compliance layer for regulated DeFi), and Alula (a Stellar lending protocol). Ray emphasized compliance, sustainability, and infrastructure, leaving a legacy in staking systems, tokenized assets, and on-chain regulatory solutions. His contributions continue to impact the blockchain ecosystem.
cointelegraph12/16 11:24