{"id":"thomas-chen","title":"Thomas Chen","content":"**Thomas Chen** is a financial technology executive who serves as the Chief Executive Officer (CEO) of Function. He is known for his work in bridging traditional finance (TradFi) with [decentralized finance (DeFi)](https://iq.wiki/wiki/defi), with a specific focus on transforming [Bitcoin](https://iq.wiki/wiki/bitcoin) from a passive store of value into a productive, yield-bearing asset for institutional and [DeFi](https://iq.wiki/wiki/defi) markets.  [\\[1\\]](#cite-id-uNvcp62N7T9Qw68s) [\\[2\\]](#cite-id-ZNqnjP8YR9y4mv5i)​\n\n## Education\n\nThomas Chen completed a Bachelor of Science in Commerce at the University of Virginia, concentrating in finance, management, and entrepreneurship. He previously attended Thomas Jefferson High School for Science and Technology, where he completed his secondary education.  [\\[3\\]](#cite-id-NjodgWno296DBBXD)​\n\n## Experience\n\nThomas Chen is the Chief Executive Officer of Function at [FBTC](https://iq.wiki/wiki/function-fbtc), where he leads efforts to expand [Bitcoin’s](https://iq.wiki/wiki/bitcoin-btc) role from a store of value to a productive asset in global markets. Previously, he held multiple positions at [BitGo](https://iq.wiki/wiki/bitgo), including Managing Director and Global Head of Sales, Director, and Institutional Sales, overseeing client engagement and institutional sales operations. He served as an advisor to Miso Technologies Inc., providing guidance on strategic growth. At data.ai, Chen was an Enterprise Account Executive for Financial Institutions, delivering mobile data solutions to support investment decisions. He also worked at Mattermark as a Senior Account Executive, applying machine learning to large datasets to help venture and growth equity firms identify high-potential investments; Mattermark was later acquired by FullContact. Earlier in his career, he contributed to business development at WillowTree, helping expand the agency’s team and client base, and supported the global investment team serving ultra high-net-worth clients as a Private Banking Analyst at J.P. Morgan Asset Management.\n\nThomas Chen's career path began in traditional finance and financial technology, where he developed firsthand experience with global financial infrastructure. This background provided him with a unique perspective on the potential for blockchain technology to establish a parallel financial system.   [\\[1\\]](#cite-id-uNvcp62N7T9Qw68s) [\\[2\\]](#cite-id-ZNqnjP8YR9y4mv5i) [\\[3\\]](#cite-id-NjodgWno296DBBXD)​\n\n### 2025 Outlook\n\nFor 2025, Chen has outlined a roadmap for Function that extends beyond its foundational infrastructure. He has stated that the company's focus is on enabling the creation of \"full-stack financial products\" built on top of [ƒBTC](https://iq.wiki/wiki/function-fbtc). These planned developments include structured [Bitcoin](https://iq.wiki/wiki/bitcoin) yield strategies, improved institutional-grade liquidity access, and enhanced composability for [ƒBTC](https://iq.wiki/wiki/function-fbtc) across major [DeFi](https://iq.wiki/wiki/defi) ecosystems. [\\[1\\]](#cite-id-uNvcp62N7T9Qw68s)​\n\n​","summary":"Thomas Chen is the CEO of Function, a company focused on transforming Bitcoin into a productive, yield-bearing asset. He previously served as the Global Head of...","images":[{"id":"QmYKfgmicbNjHH675YJS2TLTQTMJ2ENcLZiY4kFrjziEH7","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"People in crypto"}],"tags":[{"id":"Protocols"},{"id":"Founders"},{"id":"PeopleInDeFi"}],"media":[],"metadata":[{"id":"references","value":"[{\"id\":\"uNvcp62N7T9Qw68s\",\"description\":\"The Founder Daily: Bridging Bitcoin and DeFi: A Conversation with Thomas Chen, CEO of Function, on the Future of Institutional Crypto Yield\",\"timestamp\":1763890086113,\"url\":\"https://www.thefounderdaily.com/bridging-bitcoin-and-defi-a-conversation-with-thomas-chen-ceo-of-function-on-the-future-of-institutional-crypto-yield/\"},{\"id\":\"ZNqnjP8YR9y4mv5i\",\"url\":\"https://blockworks.co/speaker/thomas-chen\",\"description\":\"Blockworks speaker profile for Thomas Chen\",\"timestamp\":1763889547733},{\"id\":\"NjodgWno296DBBXD\",\"description\":\"LinkedIn: Thomas Chen\",\"timestamp\":1763890062798,\"url\":\"https://www.linkedin.com/in/thomasxchen/\"}]"},{"id":"linkedin_profile","value":"https://www.linkedin.com/in/thomasxchen/"},{"id":"twitter_profile","value":"https://x.com/thomas_fxn"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmPQc8Ua5E4Mh1eZVJtMEwDYvnQ6oVwD1gYx6V92LGrfZC\""},{"id":"commit-message","value":"\"Updated content and category title\""},{"id":"previous_cid","value":"QmPQc8Ua5E4Mh1eZVJtMEwDYvnQ6oVwD1gYx6V92LGrfZC"}],"events":[{"id":"59740bc5-08b4-4745-a351-30569c40a994","date":null,"title":"Global Head of Sales at BitGo","type":"DEFAULT","description":"Served as the Global Head of Sales at the digital asset custody firm BitGo, helping the company grow to manage over $100 billion in assets.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"69cbbac5-745e-4f8b-9bcb-a738c651d06f","date":null,"title":"Became CEO of Function","type":"DEFAULT","description":"Assumed the role of CEO at Function to lead the company's mission of transforming Bitcoin into a productive, yield-bearing asset for institutional clients.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"2b5af689-55f7-475e-9793-d81084d568de","date":null,"title":"Led Function to $1.5B+ TVL","type":"DEFAULT","description":"Under his leadership as CEO, Function surpassed $1.5 billion in Total Value Locked (TVL) and integrated with over 25 DeFi protocols.","link":null,"multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8AF7a19a26d8FBC48dEfB35AEfb15Ec8c407f889"},"operator":{"id":"0x88D5B28842B30b2Bc8E0839f7bcBb7798F080263"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"26ce4ad6-05bf-448b-b2a8-ac147f6fa6d7\",\"title\":\"Thomas Chen\",\"description\":\"Thomas Chen is the CEO of Function, a company focused on transforming Bitcoin into a productive, yield-bearing asset. 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