Overview
Karan Pandey is a Singapore-based blockchain engineer and entrepreneur, and the founder and CEO of Ecrox Group of Companies. He founded Ecrox in 2019, launched Ecrox Exchange the same year, and led Ecrox Chain, a zero-gas-fee delegated proof of stake blockchain, to mainnet in September 2023. The group now has 25 companies, including 22 operating companies across digital infrastructure, trading and markets, payments and financial services, and consumer entertainment. He holds a Master of Computer Applications from Meerut Institute of Engineering and Technology.
Early life
Karan Pandey was born on 26 January 1995 in India. He studied computer science at school before going on to a postgraduate degree in computer software engineering.
Education
Karan completed his 10th and 12th grades at City Montessori School, studying computer science. He went on to earn a Master of Computer Applications (MCA) in Computer Software Engineering from Meerut Institute of Engineering and Technology (MIET), studying there from 2012 to 2016.
Career
Blockchain developer
Karan began his career as a blockchain developer. His work covered the design and implementation of blockchain systems, protocols, consensus mechanisms and security patterns for networks including Ethereum, Bitcoin, Bitcoin Cash, Litecoin, Ripple, Stellar and Electroneum. He also built and deployed decentralised applications and wrote Ethereum smart contracts in Solidity, including token contracts for token sales.
Ecrox Chain and Ecrox Exchange
In January 2019 Karan founded Ecrox Chain, with the aim of building a fast, low-cost Layer 1 blockchain. In June 2019 he launched Ecrox Exchange, a centralised cryptocurrency exchange based in Singapore, where he serves as founder and CEO. Ecrox Chain went live on mainnet in September 2023 as a zero-gas-fee network using delegated proof of stake, and in November 2023 CertiK reviewed its core consensus and block-reward contracts.
Ecrox Group of Companies
Around the chain, Karan built Ecrox Group of Companies, which he leads as founder and CEO. The group has 25 companies. Twenty-two are operating companies in four divisions (Digital Infrastructure, Trading & Markets, Payments & Financial Services, and Consumer & Entertainment), and three are group entities: Ecrox Chain Labs, Ecrox Ventures Capital and Taxoding. Each company serves its own customers while sharing one technology platform, security and talent.
Independent ventures
Outside the Ecrox group structure, Karan’s portfolio includes Cryptonium Fintech (venture capital), Exodus Technology (software development), Elasto Cloud (cloud hosting), Media Mustang (marketing agency) and Altus Block (blockchain development).
Companies
| Company | What it does | Division |
|---|---|---|
| Ecrox Chain | Zero-gas DPoS Layer 1 | Digital Infrastructure |
| Ecrox Coin | Native coin, ECROX | Digital Infrastructure |
| Ecrox Wallet | Self-custody multi-chain wallet | Digital Infrastructure |
| Blockchain Developers | Builder community | Digital Infrastructure |
| Hylox Security | Audits and blockchain security | Digital Infrastructure |
| Ecrox Exchange | Centralised spot exchange | Trading & Markets |
| Ecrox Swap | Decentralised exchange | Trading & Markets |
| Eacx Exchange | Perpetual futures | Trading & Markets |
| Botako | Automated arbitrage | Trading & Markets |
| Panda Pay | Merchant payment gateway | Payments & Financial Services |
| EUSD Coin | Pegged stable coin | Payments & Financial Services |
| Ecrox Gold | Gold-backed coin | Payments & Financial Services |
| Fiat Swap | Fiat to crypto | Payments & Financial Services |
| Ramp with Ecrox | On-ramp and off-ramp | Payments & Financial Services |
| Ecrox Bank | Crypto banking | Payments & Financial Services |
| Assurous Insured | Blockchain-based insurance | Payments & Financial Services |
| Cinex OTT | Watch-and-earn streaming | Consumer & Entertainment |
| Hukoko | Short-video app | Consumer & Entertainment |
| Bookago | Travel booking | Consumer & Entertainment |
| Bobigo | Online shopping | Consumer & Entertainment |
| Loot Wars | Tap-to-play game | Consumer & Entertainment |
| Ecrox Gaming | NFT gaming | Consumer & Entertainment |
| Cryptonium Fintech | Venture capital | Independent ventures |
| Exodus Technology | Software development | Independent ventures |
| Elasto Cloud | Cloud hosting | Independent ventures |
| Media Mustang | Marketing agency | Independent ventures |
| Altus Block | Blockchain development | Independent ventures |
| Ecrox Chain Labs | Blockchain development and Web3 | Group entities |
| Ecrox Ventures Capital | Blockchain venture capital | Group entities |
| Taxoding | Crypto accounting and tax | Group entities |
Official bios
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Karan Pandey is a blockchain engineer and entrepreneur based in Singapore. He is the founder and CEO of Ecrox Group of Companies, Ecrox Chain and Ecrox Exchange, and leads a portfolio of 30 companies.
Karan Pandey is a Singapore-based blockchain engineer and entrepreneur, and the founder and CEO of Ecrox Group of Companies. He founded Ecrox in 2019, launched Ecrox Exchange the same year, and led Ecrox Chain, a zero-gas-fee delegated proof of stake blockchain, to mainnet in September 2023. The group now has 25 companies, including 22 operating companies across digital infrastructure, trading and markets, payments and financial services, and consumer entertainment. He holds a Master of Computer Applications from Meerut Institute of Engineering and Technology.
Born on 26 January 1995 in India, Karan Pandey is a Singapore-based blockchain engineer and entrepreneur, and the founder and CEO of Ecrox Group of Companies. He founded Ecrox in 2019, launched Ecrox Exchange the same year, and led Ecrox Chain, a zero-gas-fee delegated proof of stake blockchain, to mainnet in September 2023. The group now has 25 companies, including 22 operating companies across digital infrastructure, trading and markets, payments and financial services, and consumer entertainment. He holds a Master of Computer Applications from Meerut Institute of Engineering and Technology. Before founding Ecrox, Karan worked as a blockchain developer, building systems, consensus mechanisms and security patterns across networks including Ethereum, Bitcoin, Bitcoin Cash, Litecoin, Ripple, Stellar and Electroneum, along with decentralised applications and Solidity smart contracts. Beyond the Ecrox group, his portfolio includes Cryptonium Fintech, Exodus Technology, Elasto Cloud, Media Mustang and Altus Block.