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Town of Milton, New York, United States
Remote only
Crypto trading firms have billions in working capital trapped in bilateral exposures across venues. Cycles Prime frees it. No collateral, no escrow, no new counterparties.
We're in pilot with several of the largest trading firms in the market. The next chapter is bigger. We need a founding product hire to take Cycles Prime from closed pilot to public launch, then expand on-chain clearing infrastructure to new institutional segments.
Cycles' mission is to clear the most debt, for the most people, with the least money. We are building a neutral clearing layer that interconnects every settlement network across global financial markets. By optimizing payment and credit flows, Cycles resolves gridlock and improves capital efficiency and liquidity across the financial system.
We recently closed a $6.4M round led by Blockchange Ventures, with Coinbase Ventures, Compound VC, and Primitive Ventures participating. Total funding to date: $8.7M. Earlier backers include CMCC Global, Maven 11, Nascent, and Cygni. Founded by Ethan Buchman (co-founder of Cosmos), originally incubated by Informal Systems.
Cycles Prime is a clearing solution for trading firms that preserves working capital and reduces reliance on credit lines. It requires no collateral, no asset escrow, and no new counterparties, using a graph flow algorithm and advanced privacy technology to identify multilateral obligation cycles that can be netted, privately and provably, without moving cash.
We're hiring our founding Institutional Product Lead to shape product and UX across Cycles Prime and the institutional offerings that follow.
You design and build for sophisticated financial users — traders, treasurers, ops teams, and finance leaders — and you know how to turn dense, high-stakes workflows into interfaces those people will actually trust. You bring strong experience in institutional fintech, trading platforms, prime brokerage, clearing and settlement, treasury, or crypto market infrastructure.
In this role you will:
The salary range for this role is 130,000 to 190,000 USD and may vary based on factors like location and experience.
We are an equal opportunity employer and value diversity in our organization. We are committed to equal employment opportunities and encourage applications from people of all race, religion, color, national origin, gender identity, sexual orientation, age, marital status, veteran status, or disability status.
