John Jansen: Architect of Deribit and the Crypto Derivatives Revolution

Jakarta, Pintu News – John Jansen started his career as a market maker on the Amsterdam stock exchange and went on to found Deribit, one of the largest crypto derivatives trading platforms in the world. With a deep understanding of risk and calculation, Jansen is no instant billionaire who just happened to find success in the crypto space.

The Beginning: Formation of Deribit

John Jansen saw a bigger gap than many others who were simply buying and storing Bitcoin (BTC). At the time, few crypto trading sites existed and none actually provided derivatives with a solid foundation. Jansen wondered, why not create something similar in the crypto world if the stock market could have instruments like options and futures?

That’s where the idea of Deribit came from. Jansen started working on the idea of a derivatives trading platform in 2014, and after two challenging years of development, Deribit launched in June 2016. The platform quickly caught the attention of professional players looking to capitalize on crypto market volatility with more advanced techniques, thanks to its Bitcoin options and futures trading capabilities.

Also Read: El Salvador’s President Closes Bitcoin Animal Hospital: Controversy and Impact

Turning Crisis into Trust

As CEO of Deribit, John Jansen has faced various challenges. One of the most difficult moments occurred in October 2019, when a technical glitch caused the price of Bitcoin (BTC) to plummet on the Deribit platform, causing many traders to incur huge losses. Jansen and his team quickly decided to reimburse all funds lost due to the glitch, amounting to around $1.3 million.

“We have to take responsibility because we know it was our mistake at the time,” Jansen said. This decision increased many people’s trust in Deribit as a fair and open platform. However, the challenges did not stop there. In early 2020, especially in Europe, regulatory demands became increasingly stringent. Jansen and his team had to decide whether to stick with the risk of stricter rules or move to a region that was more friendly to crypto companies.

John Jansen: Visionary in the World of Crypto Derivatives

John Jansen is still one of the major players in crypto futures trading amidst an ever-changing industry. Apart from founding the platform, he also revolutionized the way traders interact with the market. Although many competitors have emerged, Deribit remains one of the leaders in the industry.

What makes Jansen special? Perhaps because he truly understands the world of trading, not just an entrepreneur looking for a quick buck. John Jansen is an example of how courage and creativity can pave the way to success from the stock market to the crypto revolution.

Conclusion: The Future of Deribit

With the crypto industry maturing, the next challenge for John Jansen is: where else will Deribit go? Based on past performance, the answer is likely even further.

Also Read: Cardano and Check Point Collaborate for AI-Based Blockchain Security!

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News Flash. The Story of John Jansen and Deribit’s Rise in Crypto. Accessed on March 10, 2025
• Featured Image: Medium