We’re thrilled to announce that David Sacks has joined the 0x core team’s advisory board. David was the early COO of PayPal, the founder and CEO of Yammer, and is now the General Partner and co-founder at Craft Ventures, which has invested in complementary projects in the crypto-token space including Harbor and Set protocol. David’s operational expertise, business acumen and focus in the tokenized securities space will accelerate the 0x team’s progress towards our mission of creating a tokenized world where all value can flow freely.



Tokenized securities are one of the upcoming waves of tokenized assets that we are particularly excited to see emerge. The tokenization of securities on public blockchains will not only reduce the costs associated with issuing securities and maintaining a balance sheet, but also increase the opportunity to access capital and unlock liquidity. To realize these benefits at scale, we must establish a security token technology stack that allows for the compliant issuance and exchange of these assets across a variety of jurisdictions.

The security token technology stack is comprised of numerous layers that, when combined, allow for compliant, liquid markets for tokenized securities to emerge. Note that this diagram is not meant to be exhaustive.

Building out the security token technology stack will require collaboration between a number of teams that operate at different layers and within different regulatory environments. The 0x core team is committed to working with like-minded teams (as well as with regulators) to bring compliant tokenized securities to the world in a responsible way. With David’s mentorship, we hope to scale our operations to best support the teams using 0x protocol to bring tokens to the masses.