# Fisher Yu

> Fisher Yu is a technologist from Sydney, pioneering as the Co-Founder and CTO of Babylon Labs, known for its innovative Bitcoin staking protocol. He holds a PhD in Telecommunications from the Australian National University.

- Canonical URL: https://iq.wiki/wiki/fisher-yu
- Categories: People in crypto
- Tags: Bitcoin, Developer, Founder
- Created: 2026-08-04T19:29:48.507Z
- Last updated: 2026-08-04T19:29:48.507Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Fisher Yu** is a technologist based in Sydney, Australia, and is Co-Founder and Chief Technology Officer of [Babylon](https://iq.wiki/wiki/babylon) Labs, the company responsible for developing the [Babylon](https://iq.wiki/wiki/babylon) [Bitcoin](https://iq.wiki/wiki/bitcoin) staking protocol. He holds a PhD in Telecommunications from the Australian National University, where he researched network information theory and wireless communication systems. [\[6\]](#cite-id-BIDkkiwsHCnY3ng4)

## Early Life & Education

Fisher Yu, originally named Mingchao Yu, earned his PhD from the Australian National University between 2012 and 2016, focusing on network information theory and coding, predominantly in wireless communication. [\[3\]](#cite-id-ZlsBY4llyCDEE2Q6)

## Career Prior to Babylon

From 2015 to 2017, Yu served as a Lecturer at the Australian National University while also working as a Senior System Engineer at InterfereX Communications. At InterfereX, he developed patented algorithms that reportedly contributed to the company's acquisition by a NASDAQ-listed multinational. He worked on network-coding-based distributed and concurrent data delivery algorithms. [\[4\]](#cite-id-cI7advnvS8f80e6x)

In 2017–2018, Yu was a Postdoctoral Researcher at the University of Southern California. He later worked at Dolby Laboratories as a Senior Staff Research Engineer from 2018 until 2022. He became Managing Director at Hash Laboratories, providing blockchain security consulting and research and development services to blockchain projects, including the [XDC Network](https://iq.wiki/wiki/xdc-network) and IOHK. [\[1\]](#cite-id-cRBRaaDYiKLHwvbp)

## Co-Founding of Babylon

In 2022, Fisher Yu co-founded [Babylon](https://iq.wiki/wiki/babylon) Labs alongside [David Tse](https://iq.wiki/wiki/david-tse). [Babylon](https://iq.wiki/wiki/babylon) Labs develops a [Bitcoin](https://iq.wiki/wiki/bitcoin) staking protocol intended to enable [Bitcoin](https://iq.wiki/wiki/bitcoin) holders to use their assets in programmable and trustless ways. He served as CTO and led technical development for [Babylon](https://iq.wiki/wiki/babylon)'s technology and strategic direction. The company completed an $8.8 million seed round, led by IDG and Breyer Capital in 2023. [Babylon](https://iq.wiki/wiki/babylon) Labs is headquartered in North Sydney, New South Wales. [\[3\]](#cite-id-ZlsBY4llyCDEE2Q6)

Babylon's work focuses on integrating [Bitcoin](https://iq.wiki/wiki/bitcoin) into decentralized finance ecosystems without traditional bridges or custodianship; one example is the trustless BTCVault protocol, which enables [Bitcoin](https://iq.wiki/wiki/bitcoin) to act as a collateral asset for on-chain finance. [\[4\]](#cite-id-cI7advnvS8f80e6x)

## Public Presence & Media

Fisher Yu has participated in public discussions about blockchain and [Bitcoin](https://iq.wiki/wiki/bitcoin) staking. He has appeared on platforms including the Smart Economy Podcast and the [Bitcoin](https://iq.wiki/wiki/bitcoin) Renaissance Podcast, where he discussed technical and strategic aspects of Babylon’s protocols. [\[5\]](#cite-id-0RrYlTvHdpmj29lj)

Yu has spoken at conferences such as the [Staking](https://iq.wiki/wiki/staking) Summit, where he delivered keynote remarks about Babylon's technology and its approach to [Bitcoin](https://iq.wiki/wiki/bitcoin) staking. [\[4\]](#cite-id-cI7advnvS8f80e6x)

## Foundations & Future Directions

Fisher Yu has described his vision for [Babylon](https://iq.wiki/wiki/babylon) as creating a scalable and interoperable environment where [Bitcoin](https://iq.wiki/wiki/bitcoin)'s security can be extended to other proof-of-stake systems. He has spoken about using [Bitcoin](https://iq.wiki/wiki/bitcoin)'s security features to support the broader blockchain ecosystem, and has described [Bitcoin](https://iq.wiki/wiki/bitcoin) staking as a potential third primary use case for [Bitcoin](https://iq.wiki/wiki/bitcoin), alongside payments and savings. [\[2\]](#cite-id-MuuQt9WknaAuAETI)