Yubo Ruan
Founder of Parallel Finance
San Francisco, California
Overview
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