Gen Z CEO Eric Chen Builds $1.3B Blockchain After NYU Dropout

Eric Chen, a 26-year-old CEO and co-founder of Injective Foundation, made waves in the blockchain industry after dropping out of New York University at 19 to build what is now a $1.34 billion company. His venture, a Layer 1 blockchain designed to reinvent global financial markets, has attracted major investors such as Binance, BitGo, Pantera, and Mark Cuban [1]. Since its 2018 launch, Injective has facilitated over 2 billion on-chain transactions and supports more than 1.5 million wallets [1]. The company has also gained institutional credibility, with Fortune 500-grade validator Deutsche Telekom joining its network and Cboe Global Markets expressing interest in listing Injective-based funds [1].

Chen’s vision for Injective is clear: to create a decentralized, transparent, and permissionless financial system that empowers builders, institutions, and users alike [1]. His journey began in a NYU dorm room, where he studied finance and mined Ethereum while interning at a hedge-fund desk. Frustrated by the inefficiencies of traditional markets, he chose to leave university and focus full-time on building Injective [1].

Despite his young age and immense success, Chen maintains a workaholic lifestyle, admitting he “can’t remember a time when he was 100% away from work” [1]. His personal habits reflect this intensity: he relies on a high-tech mattress cover, a programmable Oura ring, and a home racing simulator to maintain his physical and mental stamina [1]. Chen lives in New York City and rarely shops for groceries, preferring to dine out or use delivery services like Doordash [1]. He estimates that 90% of his meals are consumed outside the home, often in between meetings and team interactions [1].

Chen’s approach to personal finance is deeply intertwined with the crypto space. He primarily buys and holds crypto via Injective’s platform, using AI-driven bots to automate trades due to his busy schedule [1]. When asked about investments, he highlighted his Eight Sleep mattress cover as his best purchase, citing its role in optimizing his sleep and productivity [1]. He also expressed a preference for Apple Watches and a minimalist wardrobe, emphasizing comfort and practicality over fashion [1].

While he avoids taking traditional vacations, Chen’s “travel” is business-driven, with frequent trips to global hubs like Seoul, London, Toronto, Abu Dhabi, and Singapore for speaking engagements and network expansion [1]. His next destination will be Northern Macedonia for a wedding of one of Injective’s earliest developers—a personal touch to his otherwise relentless professional life [1].

Chen’s story reflects a new generation of entrepreneurs who are not only redefining the financial system but also challenging traditional notions of work-life balance. His early exit from university and meteoric rise in the blockchain industry showcase the potential for young innovators to disrupt even the most entrenched sectors. With backing from Mark Cuban and growing institutional interest, Injective appears well-positioned to continue shaping the future of finance [1].

Source: [1] This Gen Zer dropped out of NYU at just 19 to launch his blockchain—now, his $1.3 billion company is backed by Mark Cuban and he never takes a day off (https://fortune.com/2025/08/05/eric-chen-injective-cofounder-ceo-blockchain-crypto-gen-z-nyu-dropout-lifestyle-business-leaders-work-life-balance/)