Bitcoin launched in 2009 is the world’s first cryptocurrency. It is the most popular and safest cryptocurrency too. It is secure because of the blockchain-based payment system and has a market capitalization of approximately $166 billion.
Investors Who Put Millions In Cryptocurrency
Do you know about the investors who are investing funds in this cryptosystem? Let’s utilize this time to know about the investors who put millions in the cryptocurrency.
Barry Silbert is the founder and CEO of Digital Currency Group(DCG). DCG is a global enterprise that builds, supports, and invests in companies all over the world to accelerate the development of the global financial system.
They achieve their mission by supporting Bitcoin and blockchain companies. Barry established himself as one of the earliest and most active investors in the industry in 2012.
He invested in more than 75 Bitcoin companies in the world and DCG is one of the leading firms in the Bitcoin investment. DCG was founded in 2015 and now DCG is the most productive and fertile investor with backing 120 companies in 30 countries which including Coinbase, Ripple, Bitpay, and Circle. Apart from DCG, Barry also founded a venture-backed technology company, the Second market.
Blythe Masters is a financial service and technology executive and former managing director at J.P. Morgan Chase & Co. Currently, Blythe Masters is the CEO of Digital Assets Holdings.
Digital Asset Holdings is the provider of the world’s leading smart contract language DAML. The company builds encryption-based processing tools that improve the efficiency, security, compliance, and settlement speed of trading, especially Bitcoin.
She was a member of the corporate & investment bank operating committee and the firm’s executive committee. Her company, Digital Assets Holdings has raised $60 million in funding and its first client was J. P. Morgan Chase. Now the company has six offices in three continents.
Dan Morehead is the founder and CEO of Pantera Capital. Pantera Capital is an investment firm focused exclusively on Bitcoin, other digital currencies, and companies utilizing blockchain technology. He has more than 25 years of experience in managing global macro funds, macro tradings, and investment advisory services. Pantera Capital launches its first fund in 2013 and currently, it is one of the largest institutional owners of cryptocurrency.
Tyler and Cameron Winklevoss
Tyler and Cameron Winklevoss are identical twin brothers known as the Winklevoss brothers. The brothers are American rowers and are Internet Entrepreneurs. They are venture capitalists and led a seed funding round for the Bitcoin payment processor BitInstant.
In 2013, they have Bitcoin holdings worth more than $1 billion which is nearly 1 percent of existing Bitcoin at that time. They launched Gemini, the world’s first regulated exchange for cryptocurrency in order to build an ecosystem to attract institutional investors and traders into cryptocurrency.
Bitcoin investments and tradings are, however, a minimal form of stock tradings. But Bitcoin provides several advantages over traditional investments in many ways. Traditional investors can trade with higher efficiency and low cost which makes Bitcoin a feasible short and long-term investment.
This article is a synopsis about investors who put millions in cryptocurrency. I hope you all liked and comment on your feedback in the comment section.