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Ermilov completed a Master of Business Administration (MBA) at INSEAD, a top-tier global business school.

Ermilov was promoted to Partner and Managing Director at Boston Consulting Group, overseeing work with financial institutions in Russia and the CIS.

Maxim Ermilov co-founded the venture firm Reaction, serving as a founding partner.

Ermilov founded Overnight Finance, a DeFi protocol focused on blockchain-based asset management and yield-oriented stablecoins.

Ermilov joined a roundtable at Hack Summit to discuss emerging technologies, focusing on Overnight Finance's delta-neutral strategies for sustainable yield.