Phil Fogel

Phil Fogel is the Co-Founder of Cork Protocol, where he is building the risk layer for onchain capital markets. At Cork, Phil focuses on designing primitives that allow stablecoins, RWAs, yield products, and liquid staking assets to scale with institutional-grade risk management, by making onchain risk explicit, measurable, and tradable. Phil brings more than a decade of experience across traditional finance, asset management, and crypto market infrastructure. He began his career trading options on the American Stock Exchange, where he developed a deep understanding of how derivatives, risk pricing, and hedging mechanisms underpin modern capital markets. Additionally, Phil co-founded Flowcarbon, where he explored how tokenization could bring transparency and financing primitives to real-world asset markets.