Gone Crypto: Dexterity Capital Co-Founder Michael Safai

Dexterity Capital, an algorithmic high-frequency trading firm focused on cryptocurrencies, is looking to solve some of the biggest challenges in finance.


Dexterity Capital Co-Founder Michael Safai


key takeaways

  • Michael Safai believes changes happen at the startup level
  • Dexterity Capital is looking to change the game when it comes to solving market inefficiencies

Partner and co-founder of Dexterity Capital Michael Safai is no stranger to the startup world. 

“I am very much a West Coast startup person,” Safai said during an in-person interview in London, where the co-founder now resides. “We think that startups offer the best way to build, it’s so different from traditional finance.” 

With a bachelor’s degree in astrophysics and economics and a Juris Doctor degree, both earned at California Universities, he has experience across a range of industries. 

After working as a startup attorney and consultant, Safai decided to join the community full time. He worked at LiveRamp, a california-based data connectivity platform, for three years, first as the chief of staff and then the head of international. 

LiveRamp focused on looking at data and market inefficiencies, and it inspired Safai to start thinking about how inefficiencies in digital asset trading could be solved. He left LiveRamp in 2016 and co-founded Dexterity in 2018. 

“When we started this in 2017/2018, I think some of my old colleagues were unsure of what we were doing,” Safai said. “Now, that sentiment has definitely changed as crypto has grown.” 

Dexterity Capital, an algorithmic high-frequency trading firm focused on cryptocurrencies, is looking to solve some of the biggest challenges in finance, Safai said. 

Despite having only a 13-person team, although Dexterity is hoping to double in the next year, the company makes between $2 billion and $4 billion in trades a day. 

When asked if he fears a potential bear market in the coming months, Safai was unphased. The team specializes in market neutral strategies, he said, making the trades immune to bear or bull patterns. 

In terms of regulation, a topic every leader in the digital asset space seems to want to weigh in on these days, Safai said it will be a long waiting game. Different nations and regulatory bodies are approaching the issue of cryptocurrency oversight in different ways and at different speeds, he said. 

“I think that we are going to have to work with patchwork legislation for a while,” Safai said. “I don’t know what’s going to happen in terms of regulation, it’s hard to see how exchanges and companies in this space will interact with regulators.”

Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now.


upcoming event

MON - WED, MARCH 18 - 20, 2024

Digital Asset Summit (DAS) is returning March 2024. This year’s event will be held in our nation’s capital, where industry leaders, policymakers, and institutional experts will come together to discuss the latest developments and challenges in the ever-evolving world of cryptocurrency. […]

upcoming event

MON - WED, SEPT. 11 - 13, 2023

2022 was a meme.Skeptics danced, believers believed.Eventually, newcomers turned away, drained of liquidity and hope.Now, the tide is shifting and it’s time to rebuild. Permissionless II is the brainchild of Blockworks and Bankless. It’s not just a conference, but a call […]

recent research

Sequencers: The Key to The Rollup Investment Thesis


Sequencers are one of the most explicit mechanisms in crypto for creating sustainable DAO-controlled revenue.



Yup’s Kabessa says “Twitter is our core competitor, rather than each other”


The Mantle testnet has been live since January and mainnet launch is estimated to occur sometime in July


Impending developments might “totally change” how Cosmos is experienced and perceived by the “broader crypto world”


Lawmakers set an optimistic tone on Wednesday, discussing room for crypto innovation in the supply chain, healthcare and national security


Binance faces 13 alleged US legal violations, while Coinbase faces just four


The SEC has seven days to respond to a court’s request for clarity on Coinbase’s lawsuit against the regulator