Yellow Network, a blockchain infrastructure company focused on cross-chain settlement technology and developing revolutionary Layer-3 P2P protocol that uses state channels, has appointed Alessio Treglia and Hongtao J as co-chief technology officers. The appointments represent the company's push to expand developer adoption and build institutional-grade infrastructure for Web3 applications.
What to Know:
- Yellow Network hired two co-CTOs to lead its infrastructure development across different product lines
- Treglia will oversee the Yellow SDK for developers while Hongtao leads the NeoDAX institutional trading framework
- Both executives bring experience from major blockchain and financial technology companies
The co-CTO structure splits Yellow's technical leadership between two distinct product areas. Treglia will lead development of the Yellow SDK, described by the company as a developer toolkit for building cross-chain applications. Hongtao will oversee NeoDAX, which Yellow positions as a modular framework for institutional trading.
Treglia previously served as an engineering leader at Jur AG and Ignite Global, formerly known as Tendermint. He also held a board position at the OceanBlue Foundation, which developed the T-Grade Network. That network introduced Cosmwasm smart contracts to Cosmos blockchains and created what the foundation called a "token of engagement."
His experience includes launching blockchain products built on the Polkadot SDK. "We're building the rails for global-scale, real-time crypto applications," Treglia said. "Developers today want powerful SDKs and plug-and-play infrastructure, not blockchain headaches."
Exchange Technology Background Shapes Trading Focus
Hongtao brings a different technical background from traditional financial infrastructure. He previously served as Head of Exchange Tech at BybitX and m2.com, where he worked on regulated trading platforms and matching engines. His resume includes over a decade leading technology teams across Asia-Pacific and the United Arab Emirates.
The NeoDAX framework he will oversee aims to provide what Yellow calls "non-custodial, real-time brokerage" capabilities. "Speed, security, and compliance aren't optional; they're table stakes," Hongtao said. "Yellow is one of the few teams designing with all three from day one."
Company Positions Itself for Institutional Adoption
Yellow's technology stack includes several components beyond the SDK and NeoDAX. The company has developed Nitrolite, which powers the SDK functionality. Additional products include ClearSync and Clearnet.
The company targets multiple sectors including decentralized finance, financial technology, and gaming applications. Yellow describes its infrastructure as "chain-agnostic," meaning it can work across different blockchain networks rather than being limited to a single protocol.
Chief Executive Alexis Sirkia framed the appointments as part of a broader scaling strategy. "This is more than a leadership expansion - it signals our commitment to scaling with world-class engineering," Sirkia said. He described both executives as bringing expertise in blockchain architecture and financial infrastructure.
"Alessio and Hongtao bring unmatched depth in blockchain architecture, financial infrastructure, and cross-chain scalability. They'll lead Yellow's two most critical product pillars: the SDK and NeoDAX," Sirkia concluded.
Market Timing Reflects Infrastructure Demand
The appointments come as demand grows for blockchain infrastructure that can operate across multiple networks. Traditional blockchain applications often face limitations when trying to interact with different protocols or networks. Yellow's approach attempts to address these interoperability challenges.
The company positions its technology as enabling "real-time cross-chain settlement." The infrastructure targets both individual developers building applications and larger institutions seeking trading capabilities. Yellow's modular architecture approach allows different components to be used independently or together, according to company materials. This flexibility aims to serve various use cases from simple applications to complex institutional trading systems.
Closing Thoughts
Yellow Network's dual CTO appointments reflect the company's strategy to separately develop tools for individual developers and institutional clients. The hiring of executives with complementary backgrounds in blockchain development and financial technology infrastructure signals the company's ambition to serve both retail and institutional markets in the growing Web3 ecosystem.