Who Founded Bitfinex?

Raphael Nicolle launched Bitfinex in December 2012 as a peer-to-peer bitcoin lending platform, drawing on Bitcoinica, an earlier margin-trading site. He built the first versions of the exchange and lending engine, then handed management to JL van der Velde and Giancarlo Devasini while continuing as a developer until early 2017. (Exact birth year remains publicly undisclosed).

Giancarlo Devasini joined Bitfinex in its first year, became its largest shareholder and serves as CFO of Bitfinex and Tether. He oversaw the group's finances through the 2016 hack, the banking cut-offs of 2017-2019 and the $1 billion LEO token sale. A 2023 Wall Street Journal report put his stake at about 43%. He seldom speaks publicly.

Giancarlo Devasini was born in 1964 in Turin.

Devasini was born in 1964 and is a former physician. He is also a co-owner of Tether and has been reported to hold a stake of about 45 percent in it.