Earlier this month, Massachusetts-based digital assets fund managers, Sarson Funds, put out a list of players in the cryptocurrency/blockchain world that they thought were the A-list here in the U.S.
As companies, led by Tesla, move to allow for Bitcoin to be allowed to make purchases, the cryptocurrency market is getting to that point many were hoping for back in the crazy days of initial coin offerings — someone, somewhere, someday, is going to take these projects seriously. At the very least, Bitcoin and Ethereum weren’t some fly-by-night ICO scam. These two had legs. Exchanges are the big winners.
Here are some of the top people who saw the future of digital finance and investing, based on the take of the people over at Sarson Funds.
She is a 28-year-old Nevada local who works as a software engineer and coder of Bitcoin’s protocol in Silicon Valley. She strives to enhance the privacy of wallets in Bitcoin Core by studying the various transactions made on peer-to-peer lending platforms, says Sarson. Amiti’s efforts “to help to facilitate the process of buying and selling cryptocurrencies will allow for further mass adoption.”
That’s what this next A-lister hopes…
After graduating Cornell University in 2013, Marquez went on to become the co-founder of BlockFi, and made her way onto the Forbes 30 under 30 finance list.
BlockFi is a crypto-lending platform that allows clients to open accounts with up to 8.6% interest, which surely beats the 0.1% you get at Santander. They have revenues of over $100 million projected for the year ahead, Sarson says.
After hearing from Sarson, I’m opening me up a BlockFi account today.
Of course, no list would be complete without this man…
Armstrong is the CEO and co-founder of Coinbase, the largest crypto-exchange in the United States. He built Coinbase up to be a trusted, compliance-oriented platform “accredited investors trust,” Sarson says. “The trust that Coinbase has fostered among the community has contributed to the recent institutional adoption we have seen.”
Still, it’s not the E*Trade of cryptocurrency trading. You still have to pay commissions on these things, though they are always increasing your buying options, including cryptocurrencies that also pay interest, in this case called a “rewards rate”. I own Algorand. I think they pay a 6% reward rate on Coinbase.