Influencers

Ken Timsit – Navigating Web3 And The Future Of Blockchain

By Tiera Cowden

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Reviewed by: Tiera Cowden

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Ken Timsit

Ken Timsit is a Web3 industry veteran who is the managing director of the Cronos chain (Cronos.org) and its Particle B ecosystem accelerator. He has extensive experience in the fintech and blockchain industries, which is why he is facilitating the expansion of Crono’s reach, traction, and impact to make Web3 accessible to the upcoming billion users.

As for his educational background, Ken holds engineering degrees from Ecole Polytechnic (Paris, France), and Ecole des Mines (Paris, France). Ken started his career at the Boston Consulting Group (BCG), where he spent 15 years between New York, Paris, and Singapore, serving his role as a partner and managing director, driving fintech transformation programs at leading banks and capital market firms.

Also, Ken was previously the Chief Revenue Officer at ConsenSys, the company behind MetaMask and Infura. There, he spent 5 years in leadership roles including global head of sales and marketing, global head of professional services, and global co-head of Enterprise. 

About Cronos

Cronos (cronos.org) is the first EVM-compatible layer 1 blockchain network that is built on the Cosmos SDK and supported by Crypto.com, Crypto.org, and more than other 300 app developers and partners. It was in November 2021 Ken Timsit joined Cronis and Cronos Labs as the head of operations. Later in February 2022, Ken was named the Managing director of Cornos chain and Particle B, which is a startup accelerator that is focused on Decentralized Finance (DeFi) and Gamefi projects to develop the Cornos ecosystem.

Ken Timsit Cronos

The Cronos Labs is the ecosystem investment fund, Web3 start-up accelerator, and incubator of the Cronos chain all three in one. Cronos is powered by the Cronos ($CRO) cryptocurrency and after four months of mainnet launch, the company attracted more than 400,000 end-users and became a top 10 blockchain by total value locked.

Even though this public Layer 1 blockchain protocol launched at the end of 2021 and has skyrocketed to the top 7 positions among all chains by total value locked (TVL), and is used by more than 800,000 users, growing at 20% per month. Also, Cronos powers an ecosystem of more than 50 million users worldwide. It allows users to import cryptocurrencies from both networks as well as Decentralized Apps (dApps) to be easily integrated into the ecosystem.

Personal life of Ken Timsit

Besides taking up several professional roles, Ken Timsit has co-authored several publications on fintech and blockchain and is also a frequent speaker at technology events. Apart from this, he was a management committee member of the EU Blockchain Observatory and Forum, between 2018 and 2020, which is a two-year-long initiative launched by the European Commission.

When Ken was asked about how this experience in financial services and fintech influenced the development of Cronos ecosystem, he said that his background shaped a focus on addressing the needs of retail crypto consumers, beyond just financial use cases. 

Conclusion 

Ken Timsit is the Head/ Managing Director of Cronos chain (Cronos.org) and its Cronos Labs, which is a decentralized finance and blockchain gaming ecosystem that interoperates with Ethereum and Cosmos technology. Ken began his career at The Boston Consulting Group (BCG) where he spent 15 years in New York, Paris, and Singapore (from 2000 to 2014).

Later in 2014, he became the COO and co-founder at GEMFIVE (GouLine eMarketing Sdn Bhd), which is an online shopping destination that tells us where to discover new brands. Then from 2014 to 2017, he spent 3 years as a Managing Director at ECKT in Singapore where he took up role of the Senior Advisor, investor, and interim executive. In 2017, Ken joined ConsenSys as the chief revenue officer (CRO) until 2021. From there on, he began his journey at Cornos and joined as the head of operations in November 2021. 

Tiera Cowden

British crypto writer and professional investor. Analyses digital asset markets and blockchain developments. Provides insights on cryptocurrency trends and investment strategies.

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