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Crypto Personalities

All You Need To Know About Matt Luongo, The Co-Founder of Thesis

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Kayelee Rosales

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Key Takeaways

  • Matt Luongo is the co-founder and CEO of Thesis, a blockchain company, and holds a B.S. in Computer Science from Georgia Tech. 
  • Luongo began as a software developer at The Proven Method and later took on leadership roles in startups, gaining skills in technology and team management. 
  • In 2014, Luongo co-founded Thesis, helping develop blockchain projects like Keep Network and tBTC.

Who Is Matt Luongo?

Matt Luongo is the co-founder and CEO of Thesis, a company that started in 2014 and works on blockchain and decentralized technology projects. Luongo graduated with a Bachelor of Science in Computer Science from the Georgia Institute of Technology in 2009. While in school, he worked as an assistant in the College of Computing and tutored an introductory logic course, helping students understand key computing ideas.

Early Career

Luongo started his career as a software developer at The Proven Method, working on different technical projects. These early experiences helped him build technology skills and manage projects, leading to his future work in blockchain technology.

Leadership Roles In Startups

Luongo later took leadership roles at startups, gaining experience in managing teams and working with technology. These roles helped him develop the skills for future work in blockchain and decentralized technologies.

Chief Technology Officer at Scholarly

In 2010, Luongo became the Chief Technology Officer at Scholarly. He led the development of an academic research platform and helped create Neo4django, an open-source tool that connects the Neo4j database with Django frameworks.

Head of Research at AtlAtl

From 2013 to 2014, Luongo worked as the Head of Research at AtlAtl, focusing on using data to improve marketing and business solutions. He also served as a Technical Lead at Agency Spotter, a platform that helps businesses connect with marketing agencies.

Co-Founding Thesis

In 2014, Luongo co-founded Thesis, a company focused on blockchain technology. One of its first projects was Fold, a Bitcoin rewards app that lets users earn from everyday purchases. Fold later became its own company. Luongo was the CEO of Fold until 2018 and still helps guide the company as a board member.

Blockchain Projects at Thesis

The thesis has played a big role in creating projects like Keep Network, which helps securely store and share private data on public blockchains, and tBTC, which connects Bitcoin and Ethereum networks. These projects focus on privacy and making different blockchains work together.

Funding and Growth at Thesis

In 2021, Thesis raised $21 million in Series A funding to help grow and improve its blockchain projects. This funding allowed the company to extend its team, enhance current products, and explore new opportunities in the blockchain field. The investment boosted Thesis’s position in the growing technology industry.

Focus on Privacy and Usability in Blockchain

Throughout his career, Luongo has focused on building tools and systems that solve privacy and usability problems in blockchain technology. His work has helped develop decentralized apps and protocols that make blockchain networks easier to use and more functional.

Luongo on Threshold and Bitcoin in DeFi

In an interview on the Solana YouTube channel on December 12, 2023, Matt Luongo, the CEO of Thesis, explained the creation of Threshold, a Bitcoin-backed token formed from the merger of tBTC and New Cypher. Luongo said the project is part of a bigger goal to make Bitcoin more useful in decentralized finance, going further than just being a tradeable investment.

Vision for the Future of Blockchain

Luongo sees a future where blockchain is used in many industries, focusing on privacy and connecting different blockchains. He believes blockchain can create a more open, secure, and decentralized global economy, giving people more control over their data and assets. He thinks blockchain will play a big role in changing finance, healthcare, and supply chains, making them more trusted and transparent.

Final Thoughts

Matt Luongo has built his career around improving blockchain technology. From his start as a software developer to co-founding Thesis and working on projects like Keep Network and tBTC, Luongo has focused on making blockchain more private, user-friendly, and able to work across different systems. 

Looking ahead, he aims to help blockchain create a safer and more open global economy, changing industries like finance, healthcare, and supply chains. His work is helping make blockchain easier to use and more powerful.

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Kayelee Rosales

About the Author

Kayelee is a visionary thinker and a writer at the forefront of cryptocurrency innovation. With a passion for blockchain technology and a keen eye for market trends, Kayelee is dedicated to educating and empowering individuals to navigate the complexities of the digital asset space, fostering greater understanding and adoption of blockchain technology.