Blockchain and Crypto Founders Headline Forbes 30-Under-30 List
The blockchain and cryptocurrency sector took its desired place in this year’s Forbes 30-Under-30 list, with four young founders and CEOs aged between 25 and 28 featured for their work on crypto finance, blockchain scaling and crypto asset management.
25 year old Olaoluwa Osuntokun, Nader Al-Naji (26), JB Rubinovitz (26) and Hunter Horsley (28) have made their debut on this year’s list after applying blockchain technology to solve real world problems through their various startups.
Olaoluwa Osuntokun got featured because of his work on creating a scaling solution for the Bitcoin blockchain. The Lightning Labs co-founder moved to the U.S. from Nigeria as a child and has successfully raised more than $2.5 million toward increasing bitcoin transaction speed.
Nader Al-Naji has raised more than $133 million from a stellar list of investors including Bain Capital, Andreessen Horowitz and Stanley Druckenmiller to develop Basis, a U.S. Dollar-pegged stablecoin which aims to replace central banks in countries suffering from currency volatility such as Venezuela and Zimbabwe. Basis aims to maintain its USD peg by algorithmically increasing and decreasing its supply instead of being backed by actual currency reserves in an account.
JB Rubinovitz is the co-founder of Bail Bloc, which uses a cryptocurrency mining framework to raise bail for qualified individuals who cannot afford it.
Hunter Horsley, the CEO of Bitwise Asset Management currently maintains four cryptocurrency indices that are currently used by over 600 multifamily offices.