- Arthur Hayes, co-founder of Bitmex, has announced he is stepping in as CEO of Flop Labs, an AI inference protocol.
- Hayes teased a “massive airdrop” from the project scheduled for the fourth quarter of 2026.
- Flop Labs is building a network where AI agents can pay for computing and other services using cryptocurrency.
BitMEX co-founder Arthur Hayes revealed he is coming out of retirement to lead Flop Labs, an AI inference protocol, and teased a “massive airdrop” planned for the fourth quarter of 2026. Hayes updated his X profile to identify himself as the company’s CEO, confirming the move in a Tuesday post where he stated, “I’m coming out of retirement to lead @flop_labs.”
Flop Labs is developing a proposed network designed to enable AI agents to pay for computing and other services using digital assets. Consequently, Hayes’ new role raises questions about his existing position as chief investment officer of Maelstrom Fund. Meanwhile, Cointelegraph has approached Hayes for comment on whether the CEO role will affect his duties at the fund.
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