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Yubo Ruan

Founder of Parallel Finance

San Francisco, California

Overview 

Yubo Ruan is the Founder of Parallel Finance in San Francisco, California, with a background in entrepreneurship and venture capital. He has successfully founded Parallel Finance and made strategic investments in various sectors, including Digital Health and FinTech, showcasing expertise in business development and investor relations. Ruan has notable experience as a Founding Partner at 8 Decimal Capital and as an investor in prominent projects like Solana and Polkadot, demonstrating a strong track record in identifying and supporting innovative technologies and startups.

Work Experience 

  • Founder

    2021 - Current

    Parallel is a decentralized lending and staking protocol backed by top-tier investors, including Sequoia, Founders Fund, Lightspeed Ventures, Polychain Capital, Coinbase Capital, Pantera Capital

  • Venture Partner and Limited Partner

    2022

Early-stage, sector agnostic deep tech fund investing in disruptive and impactful companies.

  • Investor

    2021

  • Founding Partner

    2017

    8 Decimal Capital is a multi-strategy investment firm focusing on blockchain and DeFi. 8 Decimal has more than 40 portfolio companies with an AUM of 60M USD. The investment team consists of more than 10 venture capital veterans, researchers, and trading professionals. 8 Decimal is well-received in China and the US, named one of the top 10 funds in the blockchain industry by both Entrepreneur, Forbes, and 36Kr, as well as named one of the top 20 funds by Tsinghua X-Lab.

A multi-strategy investment firm focused on both token and equity investment

  • Investor

    2018

  • Solidity Engineer

    2020 - 2021

    - Built Solidity program for the on-chain governance and staking for TrueFi v2 and contributed to v2 design - Developed React/EthersJs application for governance voting portal and a data analytics dashboard - Wrote Typescript/Waffle smart contract testing and helped with deployment - Built ExpressJs API for calculating circulating-supply and the DeFi Pulse Adaptor - Built TFI reimbursement scripts and help solve the TFI pricing bugs

TrustToken is a financial company that provides reinventing financial infrastructure services.

  • Investor

    2019

Solana is a blockchain platform designed for decentralized applications (dApps) and cryptocurrencies.

Raised $319,523,800.00 from Grand 365 Capital.

  • Investor

    2021

Zero Hash is a B2B2C crypto-as-a-service infrastructure provider.

Raised $169,850,000.00 from Nyca Partners, Bain Capital and Point72 Ventures.

  • Investor

    2019

  • Investor

    2018

Chia Network is building a blockchain platform based on Proofs of Space and Time.

Raised $69,695,000.00 from True Ventures, Naval Ravikant, Pnyx Ventures, Slow Ventures, DHVC, Breyer Capital, Jacket River, Collab+Currency, Cygni Capital and Richmond Global Ventures.

  • Angel Investor

    2018

Articles About Yubo

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