Rune Christensen is the lead executive Officer and Co-founder of MakerDAO. MakerDAO issues Dai, the world’s first stablecoin on the Ethereum blockchain, which gets rid of volatility through smart contracts designed to respond to market dynamics.
Since 2015, Christensen has focused on setting up the vision and organizational shape of the Maker Decentralized autonomous company and the financial foundations of the Dai stable digital currency. Formerly, he served as co-founder of try China, an organization offering international recruiting. He studied Biochemistry at the College of Copenhagen and studied international business at the Copenhagen Business School.
MakerDAO was one of the first decentralized self-reliant companies (DAO) on the Ethereum blockchain. It ranks second amongst decentralized finance (DeFi) tasks in overall value locked (TVL), with $19.3 billion tied up in its smart contracts, in line with statistics site DeFi Llama. DAI, the mission’s U.S. dollar-pegged stablecoin, ranks fourth among such tokens, with an $8.5 billion marketplace capitalization, consistent with CoinGecko.
Dragonfly Capital was released in 2018 with $100 million beneath management. The company attempts to bridge investments in the U.S. and Asia with a vision of cryptocurrencies, new protocols, and startups.
“Rune was a pioneer pushing the limits of DeFi, DAO governance, and protocol security. We are very excited to have him participating with us at Dragonfly, advancing the state of the decentralized financial system and helping our ecosystem of entrepreneurs,” wrote Dragonfly Capital managing partner Haseeb Qureshi in the statement blog published.