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Author Topic: [2016-09-19] Olaf Carlson-Wee Aims to Strike It Rich with Blockchain Hedge Fund  (Read 143 times)
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September 19, 2016, 03:21:29 PM

Leave it to a Millennial to come up with a way to disrupt disruption. Olaf Carlson-Wee, 27, was working as head of risk at Coinbase, a San Francisco–based exchange for buying and selling digital assets like Bitcoin, when he noticed several new developments in the nascent cryptocurrency sector. “I thought, ‘As an investor, how can you best take advantage of these trends?’” recalls the founder of hedge fund firm Polychain Capital.

Over the past year the distributed ledger technology that powers cryptocurrency transactions — specifically, the ever-growing blockchain database — has begun to move far beyond the Bitcoin digital payment network. Financial tech–savvy entrepreneurs are hitching their digital payment wagons to several sectors and trying to raise money for their efforts via cryptocurrency.
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