Michael Marcantonio Joins Temporal as CEO
The former Head of DeFi at Galaxy will lead our next phase of product and company growth.
Today, we’re announcing that Michael Marcantonio has joined Temporal as Chief Executive Officer.
Michael joins from Galaxy Digital, where he served as Head of DeFi and led the firm’s onchain trading and decentralized finance business. Earlier at Galaxy, as Senior Corporate Counsel, he helped lead the company’s strategic mergers and acquisitions, ventures, and special situations. Before Galaxy, he was an M&A attorney at Kirkland & Ellis LLP. He has run trading onchain, and he knows how companies get built.
Michael’s depth of experience in decentralized finance is matched by his expertise in corporate finance and strategic transactions. That combination will help catapult Temporal into its next phase of growth. Together, we have the team, the technology, and the ambition to build the financial systems that will bring trillions of dollars of global capital onchain and establish Temporal as one of the defining financial companies of the next generation.
Building the foundations of onchain markets
For the past two years, Temporal has focused on three foundations of competitive onchain markets: liquidity and market making, order entry, and transaction scheduling and execution. Our engineers and quantitative traders have built and operated systems across each of these areas in Solana’s most demanding trading environments.
That work is now in production at substantial scale:
- HumidiFi, our propAMM, has captured as much as 60% of Solana’s total spot volume at its peak.
- Nozomi, our global transaction-sending layer, has landed transactions representing tens of billions of dollars in volume.
- Harmonic, our Paradigm-backed block builder, serves validators representing roughly 30% of Solana’s total stake.
- Our validator business supports more than $1.5 billion in staked assets.
Together, these businesses give Temporal experience across the systems that determine how capital moves through Solana: how liquidity is supplied, how orders reach the network, and how transactions are scheduled and executed.
Expanding beyond spot
Michael will lead our expansion into fully decentralized, onchain perpetual futures, prediction markets, options, and structured products. We will apply the engineering and trading expertise behind our existing businesses to a broader range of markets, creating more ways for people to trade, hedge, and manage capital onchain.
That expansion also requires a company built to support it. Michael’s mandate is to turn Temporal’s technical strengths into a broader financial business, combining the team’s engineering capabilities with the commercial and strategic leadership needed to operate at global scale.
“Pound for pound, Temporal has the most technically gifted team of engineers and quant traders on Solana,” said Michael. “This team is at the cutting edge of redesigning market structures that have existed for more than a century.”
Jakob and Ben will continue building alongside the engineers behind HumidiFi, Nozomi, Harmonic, and our validator infrastructure. We will keep publishing research and measuring our progress by whether markets on Solana become faster, more reliable, and fairer.
We have built infrastructure that already matters to Solana’s markets. Our ambition now is to make Temporal equally consequential to the future of global finance.
Welcome, Michael.
Build with us: hello@temporal.xyz
Media: M Group Strategic Communications, temporal@mgroupsc.com