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    William E. Quigley

    Managing Director at Magnetic

    William E. Quigley is a prominent figure in the cryptocurrency and blockchain sectors, recognized for his extensive contributions as an investor and entrepreneur. He is best known as a co-founder of WAX.io, a leading blockchain platform designed for non-fungible tokens (NFTs), and Tether, the first fiat-backed stablecoin, which has become one of the most traded cryptocurrencies globally.

    Professional Background

    • Co-Founder of WAX: Quigley co-founded WAX in September 2017, focusing on creating a decentralized marketplace for digital assets and NFTs, enabling users to buy, sell, and trade virtual goods easily.
    • Co-Founder of Tether: Before WAX, he played a pivotal role in establishing Tether, which revolutionized cryptocurrency trading by allowing users to transact with a stable currency pegged to the U.S. dollar.
    • Investment Ventures: Quigley has incubated over 30 investments in the blockchain space and was instrumental in developing the first crypto derivative for pre-release Ethereum. He co-founded Crypto Currency Partners, an investment fund that made early investments in significant companies like Coinbase and Kraken.

    Previous Experience

    • Venture Capitalist: Quigley has a rich history in venture capital, having co-founded Clearstone Venture Partners, a $700 million firm focused on early-stage investments in technology companies. He also served as a managing director at Idealab Capital Partners, where he contributed to early investments in major internet companies such as PayPal and MP3.com.
    • Education: He holds degrees from prestigious institutions including Harvard Business School and the University of Southern California.

    Current Role

    In addition to his work at WAX.io, Quigley is the Managing Director at Magnetic, where he continues to influence the tech landscape through strategic investments and innovations.

    Quigley's extensive experience across various sectors of technology and finance positions him as a key player in the evolution of blockchain technology and its applications in the modern economy.123

    Related Questions

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    William E. Quigley
    William E. Quigley, photo 1
    William E. Quigley, photo 2
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    Location

    United States