Jihan Wu

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Jihan Wu
Occupation Co-founder, Chairman
Employer Matrixport
Personal Twitter @JihanWu
LinkedIn Profile

Jihan Wu is the co-founder and former CEO of Bitmain, the world's largest manufacturer of cryptocurrency mining hardware, including ASIC chips designed specifically for cryptocurrency mining.[1] Wu created Matrixport, a crypto-finance project that delivers crypto investment products, off of Bitmain in 2019.

Background[edit]

After Wu graduated from Peking University, he worked for several years as an investment analyst for a private equity fund. He discovered bitcoin in 2011, translating Satoshi Nakamoto's whitepaper from English to Chinese (he claims to this day that he is the first person to have done so). He founded Bitmain in 2013.[2][3]

Overview[edit]

Jihan Wu is an outspoken figure in the crypto space, known for arguing with his critics, as well as critics of bitcoin and cryptocurrency in general, on Twitter. He is a notable proponent of Bitcoin Cash.[4]

Wu as CEO[edit]

In 2019, Bitmain's CEO and co-founder Micree Zhan Ketuan was dismissed from his role by Wu. In December 2019, Zhan stepped down as CEO; Wu then assumed the role.[5] By January 2020, he had ceased to be the company's legal representative.[6] Zhan filed multiple lawsuits against Bitmain and its subsidiaries to regain his lost position.[7]

In late January of 2021, Wu wrote in a coded letter posted to Twitter that he would be stepping down as the CEO of Bitmain. This was apparently in response to Zhan buying control of the company with the help of other Bitmain employees and shareholders, as well as other details of "amicable" settlement.[8]

Matrixport[9][edit]

Wu co-founded and serves as the Chairman of Matrixport alongside co-founder and CEO John Ge. The two co-founders own a majority stake in their company. The startup is based out in Singapore. Matrixport offers crypto financial services from custody to trading and structured products to institutional and retail customers.[10]

Education[edit]

Wu attended Peking University, where he earned a bachelor's degree in economics and psychology.[11]

References[edit]