Douro Labs founded by Jump Crypto engineers to develop Pyth Network infrastructure

Pyth Data Association / Douro Labs/Pyth Network (Pyth Core / Lazer)

Mike Cahill, Jayant Krishnamurthy, Ciaran Cronin, and six others departed Jump Crypto to form Douro Labs in 2023, dedicated to building oracle infrastructure for the Pyth Network. The founding team of nine included engineers with prior experience at Jump and other trading and financial firms, with a larger group of 19 eventually joining the remote-first operation.

• Douro Labs co-founded by Jump Crypto engineers Mike Cahill, Jayant Krishnamurthy, and Ciaran Cronin.
• Company tasked with developing oracle tooling, products, and Web3 infrastructure for Pyth.
• Pyth Data Association governs the overall network; Douro Labs focuses on technical development.
• Global remote operation expanding across regions.