Ermin Sharich is a blockchain professional, entrepreneur, and investor known for his work in digital assets, stablecoin design, and decentralized finance (DeFi). He is the co-founder and CEO of Aegis, a financial technology company developing the Bitcoin-backed stablecoin YUSD. Based in Dubai, United Arab Emirates, Sharich focuses on building crypto-native financial infrastructure, emphasizing transparency and stability mechanisms independent of the traditional banking system. ^[1]​

Career

Sharich began his career in 2018 as an Audit Associate at KPMG, where he worked on audit-related tasks across various client engagements until the end of 2019. In early 2020, he moved into digital asset research as a Senior Analyst at Cointelegraph Consulting, where he contributed to strategy, research, and client support across blockchain, valuations, and fundraising until 2022. He briefly served as Strategy and Business Development Manager at COIN360 from mid-2021 to early 2022, focusing on commercial pipeline development, partnerships, and internal product and strategy work. In 2022, he transitioned to Gate.io as an Institutional Strategy Manager, a position he held for roughly 18 months. From 2022 to 2024, Sharich worked as an Investor at Pretiosum Ventures, evaluating early-stage technology companies and managing venture investment activities. In 2024, he co-founded Aegis, where he serves as CEO, focusing on developing YUSD, a bitcoin-backed stablecoin. ^[4]

Interviews

Future of DeFi

In a May 2025 interview on the Crypto Coin Show, Sharich discussed Aegis and its approach to creating a Bitcoin-backed, delta-neutral stablecoin. He explained that Aegis maintains stability by hedging Bitcoin exposure through short-margin positions and generates yield from perpetual funding rates, positioning the asset as a transparent, yield-bearing alternative in DeFi. Sharich compared this model with fiat-backed stablecoins, noting concerns around collateral clarity and past stress events involving major issuers. He outlined how Aegis’s delta-neutral structure reduces market risk, described the competitive landscape dominated by traditional USD-backed stablecoins, and emphasized the project’s focus on DeFi integrations and usability improvements. He also addressed regulatory uncertainties, liquidity fragmentation, and broader adoption challenges, while highlighting Aegis’s plans to expand platform integrations, build liquidity, and maintain transparency through public updates and a real-time dashboard. ^[5]

Aegis

In an April 2025 episode of Token For Your Thoughts, Sharich discussed the expansion of the stablecoin sector, noting rising wallet activity and circulation. He outlined his early interest in engineering, his shift toward finance, and his first exposure to Bitcoin while in university, which later led to work in crypto consulting. After time at KPMG, he moved to a crypto startup and eventually co-founded Aegis, where he helped develop YUSD, a Bitcoin-backed stablecoin intended to operate without reliance on the fiat system, especially given past stablecoin failures. He described the stablecoin’s structure, which uses Bitcoin collateral offset by perpetual short positions, along with a dashboard designed to show reserve data. Sharich also spoke about the company’s long-term goal of transitioning governance to a DAO, the regulatory and competitive challenges of building in the stablecoin market, and his expectation that the sector will consolidate around a smaller number of major issuers. He concluded by outlining growth targets for YUSD and describing plans to expand community participation as the project develops. ^[3]