Joe Flanagan, co-founder of on-chain asset management platform Maple, has announced his departure, citing ideological differences within the founding team.

Joe Flanagan, co-founder of on-chain asset management platform Maple, has announced his departure from the company. He acknowledged that Maple has been the central focus of his life for the past seven years—demanding his full energy and commitment to lead and build the business. His collaboration with fellow co-founder Sid Powell spans nearly a decade, during which they jointly built a venture Flanagan has consistently taken great pride in. However, over time, growing differences between the two co-founders—on strategic direction, leadership style, and personal life goals—have begun to erode team cohesion and hinder business progress. Flanagan believes it’s far healthier for Maple to move forward under the sole leadership of one co-founder than to let those differences fester and widen. He emphasized that, as a co-founder, he must fully align with every decision made, every path forward advocated, and every responsibility still carried.