Nader Al-Naji is the founder of BitClout. Prior to that, they were the founder and CEO of Basis, which raised over $133M from investors including Bain Capital Ventures, Google Ventures, Andreessen Horowitz, Lightspeed, Stan Druckenmiller, Kevin Warsh, Foundation, and Wing. Nader built a team of 14 people with backgrounds from organizations such as Goldman Sachs, Google, Bridgewater, Bain Capital, McKinsey, Harvard Law, D. E. Shaw, Tower Research, Hudson River Trading, and top-tier universities. Nader led the development of a fully-functional system built on the Ethereum blockchain; validated code via two separate third-party audits. Nader developed relationships with journalists and acted as spokesperson for the company, appearing on Fortune, CNBC, BusinessInsider, WSJ, FT, Bloomberg, Forbes, TechCrunch, and many others. Nader also spoke at conferences, including a talk at the IMF. Nader worked with multiple law firms including Sullivan and Cromwell, Wilmerhale, WSGR, MWE, Paul Hastings, and Sidley to push regulatory compliance initiatives and design our system to fit within existing regulatory frameworks. After a deep analysis of the regulatory landscape, taking into consideration a tightening of securities regulation around cryptocurrencies in particular, they decided to shut down and return capital to investors. Nader coordinated an acquihire of the company, setting up a competitive process to give all of our staff a soft landing.
Nader Al-Naji began their educational career at Thomas Jefferson High School for Science and Technology. Nader then went on to study computer science and applied math at Princeton University, where they earned their B.S.E. in computer science and a certificate in applied math.
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