{"id":"saeed-badreg","version":1,"language":"en","title":"Saeed Badreg","hidden":false,"content":"**Saeed Badreg** is the CEO and co-founder of [Wormhole](https://iq.wiki/wiki/wormhole), a cross-chain protocol enabling seamless asset transfers and interoperability among diverse [blockchain](https://iq.wiki/wiki/blockchain) networks. [\\[1\\]](#cite-id-jdqesw9yi0k)  \n  \n# Education  \n  \nBadreeg 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\\]](#cite-id-aefutyb0t0k)  \n  \n# Career  \n  \nBadreg 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](https://iq.wiki/wiki/cryptocurrency), their [Web3](https://iq.wiki/wiki/web3) and [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) division, from August 2021 to August 2023. [\\[1\\]](#cite-id-jdqesw9yi0k)  \n  \n## Wormhole  \n  \nIn 2023, Badreg co-founded [Wormhole](https://iq.wiki/wiki/wormhole) with his coworkers, [Anthony Ramirez](https://iq.wiki/wiki/anthony-ramirez) and [Tony Jin](https://iq.wiki/wiki/tony-jin). In December 2023, they raised $225M in funding from various VC backers, including [Coinbase Ventures](https://iq.wiki/wiki/coinbase), Brevan Howard, Jump Trading, Multicoin Capital, [ParaFi](https://iq.wiki/wiki/parafi-capital), Dialectic, Arrington Capital, and Borderless Capital. [\\[1\\]](#cite-id-jdqesw9yi0k)[\\[3\\]](#cite-id-btuo4auquw7)  \n  \n> “I hope the new funding will help the company push forward the relentless expansion of [blockchains](https://iq.wiki/wiki/blockchain). It's not just a niche trend, but an enduring transformation where Fortune 100 companies onboard both public and private [blockchains](https://iq.wiki/wiki/blockchain).”  \n  \n# Interviews  \n  \n## Hashflow x Wormhole  \n  \nIn a 2022 interview on the Hashflow Podcast, Badreg discussed the collaboration between Hashflow and [Wormhole](https://iq.wiki/wiki/wormhole), highlighting the integration's technical aspects and benefits for cross-chain trading. He explained how [Wormhole's](https://iq.wiki/wiki/wormhole) network of guardians facilitates secure asset and message transfers across different [blockchains](https://iq.wiki/wiki/blockchain), enhancing efficiency and security. Badreg also elaborated on Hashflow's RFQ system, where [market makers](https://iq.wiki/wiki/automated-market-maker) provide [liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) for trades, and how the integration with [Wormhole](https://iq.wiki/wiki/wormhole) allows for seamless cross-chain swaps without vulnerabilities like front-running. He also touched on plans to expand support to non-[EVM](https://iq.wiki/wiki/ethereum-virtual-machine-evm) chains and enhance cross-chain [liquidity](https://iq.wiki/wiki/pol-proof-of-liquidity) through APIs and widgets, aiming to improve the overall user experience in [decentralized finance](https://iq.wiki/wiki/defi). [\\[4\\]](#cite-id-s6s3sk8o208)$$widget0 [YOUTUBE@VID](RMMEXEQoyTU)$$","summary":"Saeed Badreg is the CEO and co-founder of Wormhole, with a background in law and business, having previously worked at Tolemaeus and Jump Crypto.","categories":[{"id":"people","title":"People in crypto"}],"promoted":0,"tags":[{"id":"Founders"}],"metadata":[{"id":"references","value":"[{\"id\":\"jdqesw9yi0k\",\"url\":\"https://www.linkedin.com/in/saeedbadreg/\",\"description\":\"Saeed Badreg | LinkedIn\",\"timestamp\":1717172249509},{\"id\":\"aefutyb0t0k\",\"url\":\"https://www.linkedin.com/in/saeedbadreg/details/education/\",\"description\":\"Badreg's Education | LinkedIn\",\"timestamp\":1717172305718},{\"id\":\"btuo4auquw7\",\"url\":\"https://fintechmagazine.com/articles/cross-blockchain-comms-enabler-wormhole-lands-us-225m\",\"description\":\"Wormhole Secures $225M funding | Fintech Magazine\",\"timestamp\":1717172366764},{\"id\":\"s6s3sk8o208\",\"url\":\"https://www.youtube.com/watch?v=RMMEXEQoyTU&ab_channel=Hashflow\",\"description\":\"Hashflow x Wormhole | YouTube\",\"timestamp\":1717172928221}]"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/saeedbadreg/"},{"id":"previous_cid","value":"QmUA3xx5ttWJxZRSDSMB3yWP99gKxV5nDRyGUFQ2Ji6pNJ"}],"user":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2","profile":{"username":"JSD","avatar":""}},"media":[{"name":"image","id":"QmVo2dauuTHeC8jNMCSiw3SwaxzWtWzDNFRBnXs8Jm5rdr","size":"0.01","type":"GALLERY","source":"IPFS_IMG"},{"name":"RMMEXEQoyTU","id":"https://www.youtube.com/watch?v=RMMEXEQoyTU","size":"0","type":null,"source":"YOUTUBE"}],"views":34,"events":[],"linkedWikis":{"founders":[],"blockchains":[]},"ipfs":"QmUA3xx5ttWJxZRSDSMB3yWP99gKxV5nDRyGUFQ2Ji6pNJ","transactionHash":"0x84aaaad5e8fdb4cdcabe996f54a443fbd32163e9a6c7b7ee2bb3b54479f4a779","created":"2024-05-31T16:33:26.436Z","updated":"2024-06-05T16:04:13.144Z","images":[{"id":"Qmd5KbmrUcMgAeJzwrJvxiCrGVETqwypV9deV1MicvHQXr","type":"image/jpeg, image/png"}]}