Barry Silbert

From CryptoWiki

Bio

  • Profession: Executive, Entrepreneur & Venture capitalist
  • Prior to founding Digital Currency Group, Barry founded SecondMarket, a platform that enables private companies and investment funds to more efficiently raise capital and provide liquidity to their stakeholders. SecondMarket has received numerous accolades in recent years including being named by the World Economic Forum as a Technology Pioneer and has received honors from Forbes, Fast Company, Deloitte and other organizations.
  • Barry has received several individual honors including being named Entrepreneur of the Year by Ernst & Young and Crain's, and being selected to Fortune's prestigious "40 Under 40" list.
  • Was partly responsible for Ethereum Classic. Grayscale Investments, a Digital Currency Group company, launched ethereum classic after the DAO hack scandal.
  • Hosted the New York agreement

Barry Silbert, 41, became known on Wall Street for building SecondMarket, an exchange for tough-to-trade assets—mostly stakes in private tech companies—that became popular in the age of unicorns. By the time he sold SecondMarket to Nasdaq in 2015, Silbert himself was already working on his second act, Digital Currency Group.

Silbert's company is made up of three components: a venture capital arm that has invested in prominent crypto-related businesses like Coinbase and Ripple; speculation on digital currencies and operating businesses like asset management firm Grayscale, which runs the publicly traded Bitcoin Investment Trust; and CoinDesk, a digital currency media company.

Occupations

  • Digital Currency Group, founder. An active seed investor in the digital currency industry, with over 50 investments in 15 countries.
  • Created the Bitcoin Investment Trust (BIT)
  • Coindesk, through Digital Currency Group
  • Genesis, through Digital Currency Group

Investments

  • Zcash, investor through Digital Currency Group and himself as well
  • Was ranked among the crypto billionaires by Forbes with $1.6 billion (7-4-2021). Silbert’s net worth, which stood at $3.2 billion in March 2022, has dropped to zero, as per Forbes’ estimates in December 2022.