There are a lot of key figureheads in the cryptocurrency industry. Many of which made their millions (and even billions) thanks to the leading cryptocurrency Bitcoin. These people have been there since the start and have made a risky investment but boy did it pay off.
Some of the key figures are still prominent in the space today and we’re going to go through some of the biggest names in crypto who put their faith in the hope that the industry would pay out.
Let’s start with the Winklevoss twins.
If you haven’t heard of Cameron and Tyler Winklevoss then you must have been living under a rock for the past fifteen or so years. The infamous twins rose to fame when they sued Mark Zuckerberg over who the true creator of Facebook was and ended up with an $11 million payout.
When this payout was invested in Bitcoin, the two made headlines and then became billionaires in 2017 when the market spiked and Bitcoin reached $20,000.
Mike Novogratz is a well-known figure in the crypto space. The former hedge fund manager and partner in Goldman Sachs ventured into the crypto space by starting a crypto fund called Galaxy Digital Holdings Limited. Even when the Jamie Dimon - CEO of JP Morgan Chase - dubbed Bitcoin as a fraud in 2017, Novogratz has consistently swayed his way in support for crypto.
Anthony Pompliano is a well-known founder and partner at Morgan Creek Digital who is commonly known as just Pomp, within the crypto community.
Morgan Creek Digital is an investment company which focuses on creating opportunities for institutional investors to invest in the blockchain and digital assets. Backing the firm is Morgan Creek Capital Management which is a multi-billion dollar asset manager.
The entrance of institutions to the crypto space is something that is eagerly awaited by many community members but as Pomp says:
This morning our team at Morgan Creek Digital announced a new $40 million crypto venture fund anchored by two public pensions.— Pomp 🌪 (@APompliano) February 12, 2019
The institutions aren’t coming.
They’re already here. 🚀
Tim Draper is a venture capitalist investor. He is famous is the crypto space for purchasing 2,000 of the 50,000 Bitcoins auctioned off by the US Marshall office in 2014 following the Silk Road incident.
Ever since Silk Road, Draper has become a well-known crypto enthusiast who has put his money in several crypto projects.
He even believes that Bitcoin could reach $250,000 in 2022...