Philip Forte is the Founder and CEO of Elixir Network, a company that develops decentralized infrastructure for blockchain applications. His professional background includes roles in finance, technology, and blockchain, with experience in institutional asset management and investment banking. As the CEO of Elixir Network, Forte focuses on supporting decentralized applications through blockchain infrastructure. ^[1][2][5]

Education

Forte earned a Bachelor of Science in Business Administration and a Bachelor of Science in Statistics from Carnegie Mellon University's Tepper School of Business. During his time there, he founded and served as the President of the Carnegie Mellon Blockchain Group, reflecting an early engagement with blockchain and cryptocurrency. He graduated with honors. Forte completed his high school education at The Bishop’s School. ^[1][2][3]

Career

Forte's career includes various internships and analyst roles in the finance and banking sectors, where he gained experience in asset management, investment banking, and financial technology.

In 2014, he worked as an intern at Everyone Counts, Inc., leading a team focused on enhancing the security of an online voting platform. The following year, he joined Strategic Advisory Services International, LLC as an Investment Banking Summer Analyst, contributing to company valuations and working on acquisition pitches.

In 2016, Forte was a Financial Intern at Zions Bancorporation, where he prepared business presentations and assisted senior bankers in managing financial investments. This experience provided him with insights into corporate finance operations.

In 2017, Forte worked as an Institutional Asset Management Summer Analyst at PNC Financial Services and later returned to the company in 2018 as an Institutional Asset Management Analyst. His responsibilities included supporting the management of institutional assets and developing investment strategies. Forte left PNC to pursue opportunities in the startup and blockchain sectors.

In April 2018, he became a Partner at BlockVenture Coalition, where he worked for over four years, helping connect blockchain projects with venture capital and offering advisory services to startups in the blockchain industry.

Since February 2022, Forte has served as the Founder and CEO of Elixir Network, which focuses on creating decentralized infrastructure for blockchain applications.

Forte is a member of the Wall Street Club at Carnegie Mellon University, an organization that helps students pursue careers on Wall Street. He is also involved with Sigma Alpha Epsilon Fraternity, where he participates in alumni activities. ^[1][2][3][5]

Interview

Liquidity Infrastructure #01

On May 6, 2024, Philip Forte, Founder and CEO of Elixir Network, was featured in an interview on the "Thinking Crypto" YouTube channel. During the conversation, Forte shared insights into Elixir’s development and its role in supporting decentralized order book exchanges. According to Forte, Elixir aims to enhance liquidity access for retail traders through its innovative infrastructure layer.

One of the key announcements made during the interview was Elixir’s upcoming integration with a major tier-one centralized exchange. This integration will allow users to provide liquidity directly from trading interfaces, expanding access to liquidity provision and enabling a more decentralized approach to market making. Forte also highlighted Elixir's partnership with BitGo, which ensures robust security for crypto assets on the platform.

Forte reflected on his journey within the crypto space, including his time as an advisor to Solana, and discussed Elixir’s vision to democratize access to order book liquidity. By lowering barriers to liquidity provision, Elixir seeks to empower retail traders and diversify the participants involved in market making.

Forte also mentioned that Elixir’s network is designed to support both centralized and decentralized exchanges, reflecting the platform’s commitment to bridging the gap between different types of financial infrastructure. Upcoming announcements are expected to further broaden Elixir’s use cases.

Throughout the interview, Forte emphasized several strategic insights, including the importance of security, the evolving landscape of liquidity provision, and the potential of tokenization for real-world assets. Additionally, he noted the challenges posed by the regulatory environment, suggesting that proactive compliance measures will be essential for projects like Elixir.^[4]