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Jed McCaleb

Jed McCaleb

Formal First Name
Jed
Links
Website Twitter LinkedIn
Dates
1975 - present
Location
San Francisco

Jed McCaleb is the Founder and Chief Architect of the Stellar Development Foundation, a nonprofit organization dedicated to supporting the growth and development of the Stellar network, an open-source blockchain for cross-border payments and financial inclusion. He is also the Founder of Vast, a cutting-edge space technology company developing the next generation of commercial space stations and artificial-gravity habitats to enable long-term human life in space. Widely recognized as a blockchain pioneer and visionary entrepreneur, McCaleb has played a foundational role in shaping the cryptocurrency industry. He co-founded Ripple Labs, serving as its first Chief Technology Officer, where he helped design the protocol that transformed enterprise cross-border payments. Earlier in his career, he created Mt. Gox, the world’s first major Bitcoin exchange, which he sold a year before it was hacked.

Professional Experience

CURRENT AFFILIATIONS


TECH & CRYPTO EXPERTISE

  • Jed McCaleb is a visionary entrepreneur, software developer, and one of the earliest pioneers in blockchain technology.

  • Known for identifying transformative opportunities in emerging tech, he has founded or co-founded several groundbreaking companies that shaped the digital asset ecosystem, including Mt. Gox, Ripple, and Stellar.

  • A recognized expert in cryptography, peer-to-peer (P2P) protocols, and distributed ledger systems, McCaleb has played a central role in advancing how digital currencies and decentralized finance operate today.

  • His innovations have helped make global transactions faster, more efficient, and more accessible.

  • McCaleb began his career with MetaMachine, where he created the eDonkey file-sharing network, one of the most popular P2P platforms of its time, and later founded Code Collective, a game development company.


RIPPLE

  • In 2011, McCaleb co-founded Ripple Labs, helping design the early Ripple protocol and the XRP Ledger, a blockchain solution built to enable efficient, low-cost cross-border payments.

  • As Ripple’s first Chief Technology Officer (CTO), he oversaw the technical foundation of the platform and its innovative consensus mechanism.

  • Following his departure in 2013, McCaleb received an allocation of approximately 9 billion XRP as part of his early contributions.

  • Under agreed-upon restrictions with Ripple, he gradually sold these holdings between 2014 and 2022, marking the completion of one of the most publicized token divestments in crypto history.


MT.GOX

  • Before Ripple, McCaleb founded Mt. Gox, the first major Bitcoin exchange that, at its peak, handled over 70% of global Bitcoin transactions, establishing it as the world’s largest trading platform for the cryptocurrency.

  • He sold the exchange in 2011 to Mark Karpelès, years before the exchange’s collapse following a major cyberattack that led to the theft of approximately 850,000 Bitcoins valued at $450 million at the time.


MEDIA PRESENCE

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