Alexander Ray, Our Partner Within The Ctdg Initiative And A Web3...

For our team, this is not only the loss of a respected builder in the Web3 space, but the loss of a close and trusted partner.

For our team, this is not only the loss of a respected builder in the Web3 space, but the loss of a close and trusted partner with whom we worked side by side on strengthening validator infrastructure and staking systems within the Solana ecosystem as part of the CTDG initiative.

The Web3 community lost a builder whose contribution deserves to be named with clarity and gratitude.

For us, his absence is felt both professionally and personally - in the work we shared, the decisions we shaped together, and the long-term systems we helped build.

Alexander Ray was not only an engineer, a founder, or a protocol architect. He was someone whose work genuinely strengthened the ecosystems he touched, and whose approach to collaboration reflected precision, reliability, and a deep focus on long-term value.

This article is not a formal announcement. It is a recognition of what he built, how he worked, and why his absence is felt so deeply by the teams and networks he helped shape.

For those of us who had the chance to work alongside him, his impact was unmistakable - not because he sought visibility, but because he consistently made the work better.

Ray was known for his work at the intersection of regulated DeFi, staking infrastructure, tokenization and on-chain compliance, focusing on building long-term financial systems rather than short-term speculative products.

Before entering crypto, Ray spent more than two decades working in enterprise software, cloud infrastructure and financial systems, including roles connected to Deutsche Bank Frankfurt and General Electric. His background in large-scale enterprise architecture and financial systems later shaped his approach to Web3 - he approached blockchain not as a market cycle, but as future global financial infrastructure.

Ray’s first major step into Web3 engineering came through the creation of PointGroup, a venture builder studio and umbrella organization through which he incubated and developed multiple blockchain infrastructure projects. Rather than operating as a single product company, PointGroup functioned as a platform for building and scaling protocol-level initiatives across staking, compliant DeFi and on-chain financial infrastructure.

Source: CoinTelegraph