On Aug. 13, 2025, Gavin Wood opened a post on Parity Technologies' blog with the words "Today I'm picking the baton back up." Wood co-founded Parity and designed Polkadot. He wrote that he would resume the CEO role in late August, “as my co-founder and friend Björn Wagner steps down after three game-changing years at Parity's helm and nine years in total with the team.” The post gives only "late August" for the handover, so The CryptoLately.com Desk dates both events to Aug. 13, the day of the announcement.
· Gavin Wood returns as Parity Technologies CEO as Björn Wagner steps down
Gavin Wood Takes Parity Technologies Back From Björn Wagner
Parity's co-founder announced on Aug. 13, 2025 that he would resume the CEO role in late August, and a year later the Polkadot treasury spends $7.4 million a quarter.

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People in this piece
- Björn WagnerParity Technologies, Chief Executive Officer
- Gavin WoodParity Technologies, Chief Executive Officer
- Pierre Aubert
- Tommi Enenkel
- Wei Tang
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Parity Technologies · Polkadot · Hydration · Ethereum · Solana