21-year-old Nepali developer builds $2.5 million startup to bridge the DLT divide

Rachin Kalakheti, a 21-year-old developer from Manahari Makawanpur, Nepal, has built a $2.5 million startup to solve interoperability issues in Distributed Ledger Technology (DLT).

Kalakheti’s journey began at the age of 13 when his mother gifted him a laptop. He was immediately drawn to the device’s intuitiveness and initially used it for playing video games. However, he soon became curious about how these games were created, which led him into the world of programming and software development.

After exploring various areas of technology, Kalakheti discovered his passion for DLT. He was particularly captivated by the potential of DLT to enable secure and transparent transactions, a capability that was sorely lacking in Nepal due to the absence of reliable financial infrastructure.

Upon enrolling at Stanford University, Kalakheti leveraged the abundant resources available to him. He immersed himself in the vibrant startup ecosystem of Silicon Valley, the global epicenter of innovation. Attending conferences, networking events, and talk shows allowed him to forge valuable connections and gain crucial insights into the world of entrepreneurship.

Within just two years of studying at Stanford, Kalakheti not only adapted to the American startup landscape but also thrived. His startup, Cedro Finance, is now making waves in the DLT industry. Cedro Finance is a platform that facilitates seamless value transfer between different DLT networks. This is a significant breakthrough as it resolves the long-standing interoperability issues in the DLT space.

Kalakheti’s innovative solution has resonated strongly with investors, and he has quickly secured over $2.5 million in funding for Cedro Finance. With more than 50,000 users already testing the platform’s capabilities, it is evident that Kalakheti’s vision is making a significant impact on the DLT industry. Kalakheti’s remarkable journey, from a small village in Nepal to the heart of Silicon Valley, serves as an inspiring testament to the power of passion, determination, and technological innovation. With Cedro Finance, he is not only revolutionizing the DLT industry but also opening new possibilities for the future of financial transactions.