Sam Kazemian: Biography, Career, and Business Insights

Sam Kazemian’s Profile Summary

Company	Frax (FRAX)
Position	Founder
Source of wealth	Income from Everipedia, protocol fees and staking rewards from Frax Finance, investments in cryptocurrency projects.
Also known as	Co-founder of Everipedia, pioneer in flatcoins, recognized DeFi entrepreneur
Age	32
Education	University of California, Los Angeles (UCLA) - Bachelor's Degree in an unspecified field.
Citizenship	United States
Residence	Los Angeles, California, USA
Family	Public details about his family are not available.
Website, Social Media	https://www.frax.com/

Sam Kazemian’s biography

Sam Kazemian, born on February 12, 1993, is an Iranian-American software engineer and entrepreneur best known for founding Frax Finance, a leading decentralized finance (DeFi) protocol. He initially co-founded Everipedia, an innovative online encyclopedia, in 2014 alongside Theodor Forselius. Kazemian's venture into Frax began in 2019 with the launch of a unique stablecoin protocol that merges algorithmic stability with collateralization. His approach has positioned Frax among the largest stablecoins by market capitalization. Kazemian is credited for co-developing a new category of stablecoins called "flatcoins," which are pegged to the Consumer Price Index rather than traditional currencies. In recognition of his contributions, Forbes included him in their 30 Under 30 list in 2023 in the finance category, highlighting the rapid growth and success of Frax in the DeFi sector

How did Sam Kazemian make money?

Sam Kazemian makes money in the following areas:

Income from Everipedia, protocol fees and staking rewards from Frax Finance, investments in cryptocurrency projects.
What is Sam Kazemian net worth?

As of 2025, there is no publicly available and reliable information regarding Sam Kazemian’s net worth.

What is Sam Kazemian also known as?

Sam Kazemian co-founded Everipedia, an alternative to Wikipedia aimed at providing more inclusive and blockchain-supported content. He is credited with introducing the concept of flatcoins, stablecoins pegged to inflation indexes rather than traditional fiat currencies. His influence extends into DeFi, where he has established the "DeFi Trinity" model of integrating stablecoin, AMM, and lending markets within Frax's ecosystem

Prominent achievements of Sam Kazemian

Co-founded Everipedia in 2014, founded Frax Finance in 2019, pioneered the flatcoin concept, named in Forbes 30 Under 30 in 2023 for the finance category

What are Sam Kazemian’s key insights?

Sam Kazemian's approach emphasizes combining decentralization and stability within the DeFi ecosystem. He advocates for building robust financial products that can survive regulatory pressures while innovating around algorithmic and collateral-backed models to maintain stable value in volatile markets

Sam Kazemian’s personal life

Sam Kazemian maintains a private lifestyle, and no further details about his family are publicly disclosed.

Useful insights

Evaluate the team behind the project

If you’re interested in picking top crypto projects, learning from the experience of successful Crypto developers and Crypto Angel Investors can help you avoid common pitfalls. One of the key elements to consider when evaluating a crypto project is the team behind it. Here’s how to assess it effectively

Research the founders and developers

Crypto Angel Investors often stress the importance of knowing the people behind the project. A credible project usually has a transparent team with a strong background in blockchain technology or relevant industries. Make sure to look into their previous work, LinkedIn profiles, and their reputation in the crypto community.
Look for a track record of success

Many top Crypto Angel Investors, such as Anthony Pompliano, emphasize the value of a team's track record. If the developers or founders have successfully built or contributed to previous projects, it's a positive sign that they know how to deliver. Trustworthy teams are often recognized for their expertise and credibility in the space.
Assess transparency and communication

Good projects maintain transparent communication with their community, often using platforms like GitHub, Twitter, or Discord. If the team regularly updates their followers on milestones, developments, and challenges, it’s usually a sign of reliability. From my experience, projects with open lines of communication are more likely to succeed long-term.