Ethereum Billionaire Looks to China for Next Big Crypto Winners


Anthony Di Iorio hasn’t stopped looking for bargains in the digital-currency world after amassing a fortune of as much as $1 billion from his early investment in Bitcoin and as a co-founder of Ethereum.

“The biggest stake for me is in Qtum and VeChain right now, the two Chinese projects,” Di Iorio said Thursday in an interview in Toronto. “There’s much more opportunity in newer ones if you can identify them.”

Photographer: Cole Burston/Bloomberg

Qtum is an Ethereum-based project that aims to combine the reliability of Bitcoin’s blockchain with the flexibility of the smart contracts of the Ethereum network. It’s the 20th-biggest digital coin in circulation with a market value of about $914 million, according to Coinmarketcap.com.

VeChain’s blockchain platform focuses on financial services and supply-chain management. The coin is the 17th largest, with a market value of about $1.7 billion.



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