Small Team, Load-Bearing Choices
Igor Kulatov, former Co-Founder and CTO of NAGA Group AG, on the engineering decisions that made NAGA the benchmark for the market to follow As co-founder and CTO of NAGA Group AG, Igor Kulatov built Swipestox – the social trading platform that carried the company to its Frankfurt Stock Exchange listing in July 2017. After the IPO he led the crypto build-out: matching engine, multi-chain custody architecture, and cross-asset venue integration, culminating in NAGA’s initial coin offering (the NGC token sale) the same year. He now runs Aurora Borealis, an autonomous business-to-business commerce company operating in production while the industry was still working out what to call the category. Both are true examples of building while most of the market either does not yet understand why, or is only watching for the right time to make their next move. We spoke about how he reads that direction, what forced the specific choices at NAGA, and what has carried into what he is building now.