Saeed Badreg is the CEO and co-founder of Wormhole, a cross-chain protocol enabling seamless asset transfers and interoperability among diverse blockchain networks. ^[1]

Education

Badreeg graduated with a B.A. in Law and Society from American University in 2012. He then earned a Primer MBA from DePaul University in 2015. ^[2]

Career

Badreg was CEO of Tolemaeus, a mobile and web application developer, from May 2017 to August 2021. He then worked in strategic partnerships at Jump Trading LLC, a data and research-driven trading business, and later at Jump Crypto, their Web3 and cryptocurrency division, from August 2021 to August 2023. ^[1]

Wormhole

In 2023, Badreg co-founded Wormhole with his coworkers, Anthony Ramirez and Tony Jin. In December 2023, they raised $225M in funding from various VC backers, including Coinbase Ventures, Brevan Howard, Jump Trading, Multicoin Capital, ParaFi, Dialectic, Arrington Capital, and Borderless Capital. ^[1][3]

“I hope the new funding will help the company push forward the relentless expansion of blockchains. It's not just a niche trend, but an enduring transformation where Fortune 100 companies onboard both public and private blockchains.”

Interviews

Hashflow x Wormhole

In a 2022 interview on the Hashflow Podcast, Badreg discussed the collaboration between Hashflow and Wormhole, highlighting the integration's technical aspects and benefits for cross-chain trading. He explained how Wormhole's network of guardians facilitates secure asset and message transfers across different blockchains, enhancing efficiency and security. Badreg also elaborated on Hashflow's RFQ system, where market makers provide liquidity for trades, and how the integration with Wormhole allows for seamless cross-chain swaps without vulnerabilities like front-running. He also touched on plans to expand support to non-EVM chains and enhance cross-chain liquidity through APIs and widgets, aiming to improve the overall user experience in decentralized finance. ^[4]