News14 May, 20263 min read

0x co-founder Will Warren steps down as co-CEO

Warren is leaving his co-CEO role while staying on the board and backing Amir Bandeali as the company rebuilds around speed and AI.

Will Warren, a co-founder of crypto trading infrastructure firm 0x, is stepping down as co-CEO while staying on the board and remaining a major shareholder.

Warren announced the move in a May 14 post on X, saying he will continue to support Amir Bandeali, his fellow 0x co-founder and co-CEO. The change leaves Bandeali with more control as 0x tries to move faster in a more crowded market.

"Amir and I have rebuilt and reimagined 0x multiple times over the past decade. Now Amir has my full support as he rebuilds the organization to thrive in a world where AI is rapidly enhancing individual capability and human coordination."

Will Warren

0x builds trading infrastructure that lets wallets and apps add token swaps. Its products include 0x API, a swap-routing service for developers, and Matcha, a decentralized crypto exchange aggregator.

As Warren argued, parts of 0x's structure had slowed the company, adding that the co-CEO setup was "a major contributor."

Founded by Warren and Bandeali in 2017, 0x became one of the earlier Ethereum exchange protocols and later shifted more toward APIs, aggregation and trading infrastructure for apps. 0x claims its APIs have processed more than 60 million transactions and more than $154 billion in volume across more than 19 EVM chains.

In 2022, 0x Labs raised $70 million in a Series B led by Greylock, with participation from Pantera, Sound Ventures, A.Capital, Jump Crypto, OpenSea, Coinbase, Brevan Howard, IOSG Ventures, Reid Hoffman and Jared Leto.

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