Delta Exchange: Founders, Team & Advisors


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Our Vision

To build the most liquid and trusted global cryptocurrency derivatives exchange that can ably serve both retail and institutional traders.

Our Values




Meet Our Founders

Our founders bring expertise across financial markets, derivatives trading, product and engineering from companies including Citigroup, UBS and Hotstar.

Pankaj BalaniChief Executive Officer

Pankaj is a seasoned business leader and derivatives trader. He is a UBS alum and has deep experiences in derivatives, quantitative finance and Asian equity markets. He also helped build and grow an e-commerce business in India which went on to raise Series C round of financing. Pankaj is a graduate of IIT Delhi and has an MBA from Indian School of Business.

Jitender TokasChief Business Officer

Jitender is a consummate business leader and a  career finance professional. In his decade long career, he has worked as a stock analyst with Citigroup in India and as an institutional investor with GIC in Singapore. Jitender is an alumnus of IIT Kharagpur and National University of Singapore and has an MBA from Indian School of Business.

Saurabh GoyalChief Technology Officer

Saurabh is a serial entrepreneur and a strong tech leader. He previously cofounded and TinyOwl. Both these companies scaled well and raised money from marquee VCs such as Softbank and Sequoia, before getting acquired. He also served as Director of Engineering at Hotstar. Saurabh studied Computer Science and Engineering at IIT Bombay.

Meet Our Team

We Deltaians love coding, are passionate about all things crypto and serious about having fun in all that we do!

  • Shraman VSoftware Engineer

  • Abdul ArbaazSoftware Engineer

  • Jitendra JogeshwarQA Engineer

  • Anidhya AhujaSoftware Engineer

  • Mohd Arif SiddiquiSoftware Engineer

  • Uditsmith ThakuriaUI & UX Designer

Meet Our Advisors

Our advisory board is comprised of pre-eminent academics, top-tier business leaders and exceptional entrepreneurs.

Bhagwan ChowdhryProfessor of Finance at UCLA

Prof Chowdhry is a Professor of Finance at UCLA Anderson since 1988. He has also taught at the University of Chicago, University of Illinois at Chicago, the Hong Kong University of Science and Technology, and the Indian School of Business. He has served on the editorial boards of several finance and economic journals and is a frequent contributor to the Huffington Post. Prof Chowdhry advises a number of fintech companies including Stellar Development Foundation.

Stani KulechovFounder and CEO: Aave & ETHLend

Stani Kulechov is the founder and CEO of Aave and ETHLend. He is a seasoned entrepreneur with extensive experience developing technology in the crypto, blockchain, and fintech space. Stani is  also a mentor to many founders and advisors of ICOs and blockchain projects and has spoken at numerous FinTech, Blockchain and Cryptocurrency events, particularly on topics related to Ethereum Smart Contracts.

Daniel ClarkeCMO at MAX

Dan is currently the CMO of Taiwan’s largest digital asset exchange, MAX. He is a Wall Street veteran and in 20 years long career in financial markets, he has worked with prominent investment banks in Asia and Europe. Most recently, he was the Taiwan country head for both Barclays and Macquarie.



Jitendra GuptaMD, PayU India

Jitendra is the MD of PayU, India’s leading payments company. Previously, Jitendra founded Citrus Pay which he grew to 300+ strong team and raised over USD 30mn. Citrus was acquired by PayU.


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