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CEO Vitaliy Buterin

Sivert Haugerud

Founder of Pyraxis Technology

The founder of the company is an experienced developer and active contributor within the TON ecosystem. Specializing in scalable infrastructure, smart contracts, and cross-shard technologies, he has built and launched advanced solutions on the TON network—from early testnet-based applications to AI-powered DeFi—driving innovation across decentralized finance and blockchain services.

He began developing smart contracts and applications on the TON blockchain in 2019. Since then, he has contributed to building scalable DeFi infrastructure and decentralized apps within the network, helping drive its technical growth and adoption.

He has been widely recognized in the blockchain community for his work on smart contracts and decentralized applications, speaking at major industry events and collaborating with leading Web3 organizations—highlighting his impact on scalable blockchain solutions and open finance.

Build with Solution Providers.

Aug 2019

Start of activity

Testing scalable sharding and smart contracts.

Blockchain Dev Progress

Enhancing cross-shard transaction speed and deploying secure FunC smart contracts.
May 2020
Jun 2021

Binance NFT Contribution

Binance’s “100 Creators” NFT program, tested a decentralized voting protocol.

Scaled Infrastructure

Expanded scaling and infrastructure solutions.
Jan 2022
Apr 2023

Scaling DeFi Innovation

Optimized smart contracts for a decentralized lending protocol, enabling faster, more secure cross-chain transactions and driving adoption in the TON ecosystem.

Completed VC round

Raised $12 million in a new venture financing round.
Sep 2023
Oct 2023

Pyraxis goes carbon neutral

Founder commits to a carbon negative roadmap

Attracting Major Investment

Large institutional funds were attracted for infrastructure development and $38M was raised
Jul 2024
Jul 2025

Introducing Pyraxis Technology

Launched a dedicated platform for staking our native token, $PRX, and offering early purchase opportunities for investors—reaching a capitalization milestone of $61,047,000.

Team

Pyraxis Technology stands for innovation and dedication.
We push the boundaries of the industry with our
experience and expertise.

+20 members
Sivert Haugerud
Sivert Haugerud
Founder
Mikkel Haugerud
Mikkel Haugerud
Co-Founder
Lina Chen
Lina Chen
CEO
Aleksandar Milenković
Aleksandar Milenković
CTO

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