US Forbes magazine selects 9 people as financial leaders related to virtual currency in 2024 edition of “30 Under 30”

Evaluating the talent of the young generation

Nine experts related to crypto assets (virtual currency) and blockchain will receive awards in the 2024 North American financial category of the “30 UNDER 30” selected by Forbes magazine. became.

2024 #ForbesUnder30

The entrepreneurs on the 2024 Forbes 30 Under 30 list are fighting climate change with carbon credit marketplaces, reinventing the 911 call, building banks and brewing up eco-friendly plastics.

See the list: https://t.co/mz9paHsyJq pic.twitter.com/eIhxinhX1l

— Forbes (@Forbes) November 29, 2023

Forbes has been holding the “30 UNDER 30” every year since 2011 as an award to honor young talents under the age of 30 who will lead the next generation. The fields covered in the North American region are wide-ranging, including finance, venture capital, science, technology, music, games, sports, entertainment, and media.

The same project is being held in different regions such as Europe, Asia, and Africa, but Fobes Japan has been held in Japan since 2018. Over 5 years, 150 people were selected.

The 2024 North American Finance winners were selected from over 800 nominees and evaluated by four judges, including Jeremy Allaire, CEO of stablecoin USDC issuer Circle.

Aya Kantorovich (29 years old) of Fractal, which provides on-chain payment infrastructure for digital assets, is attracting attention in the virtual currency field. At Falcon X, a virtual currency financial services company for institutional investors, he helped build a trading desk that supports over 700 clients. He left the company last year to start Fractal with Alexandre Elkrief and become co-CEO.

In April of this year, Fractal raised approximately 880 million yen ($6 million) in a seed round led by Hack VC.

Trading infrastructure “Sei Labs”

Jeff Feng and Jayendra Jog, co-founders of Sei Labs, which builds infrastructure for rapid cryptocurrency trading processing, also received awards.

Mr. Jog is a former engineer at investment app Robinhood, and Mr. Feng is from Goldman Sachs. He said he decided to build a decentralized trading infrastructure after seeing Robinhood impose trading restrictions at the height of the GameStop trading frenzy in 2021.

Sei Labs successfully raised a total of approximately 4.4 billion yen ($30 million) in two investment rounds this year.

connection:L1 blockchain “Sei” for virtual currency trading raises approximately 4 billion yen

Other winners

Other winners in the cryptocurrency field are:

• Eric Chen and Albert Chon: Co-founders of Injective Labs Web3 Infrastructure and Financial Solutions
• Aleks Larsen: Blockchain Capital Venture capital in the blockchain field
• Dariya Khojasteh and Brandon Kumar: Co-founders of Layer3: Offering mini-lessons for learning cryptocurrencies
• Brandon Mintz: Bitcoin Depot Founder: Bitcoin ATM

The number of award winners in virtual currency-related fields in the North American financial sector in 2024 has decreased from 14 in 2023 and 21 in 2022.

“Hall of Shame”

Winning Forbes’ “30 UNDER 30” is a great honor in that it recognizes their promising future, but the lives of some of the winners are not necessarily smooth sailing. It seems difficult.

Forbes has announced a “Hall of Shame” of 10 people who have been included in the 30 Under 30 list over the past 13 years, and which they regret selecting.

Many Under 30 alumni have gone on to become tech titans, CEOs, and even billionaires. A few have turned out to be duds, or far worse. Below, from SBF to Martin Shkreli: the Under 30 picks we wish we could take back. #ForbesUnder30 Hall Of Shame: https://t.co/bM7Fzt7XEk pic.twitter.com/adSYKQ2vkd

— Forbes (@Forbes) November 28, 2023

At the top of the list is Sam Bankman Fried (SBF), co-founder of FTX, a major cryptocurrency exchange who was named to the 2021 list. In the same year, SBF was ranked in Forbes’ list of America’s richest people with a net worth of $22.5 billion (approximately 3.3 trillion yen).

Mr. SBF was found guilty on November 2nd in a New York district court on all seven charges, including wire fraud, securities fraud, and money laundering.

In addition, Caroline Ellison, former co-CEO of FTX’s sister company Alameda Research, who pleaded guilty, was also awarded the 30 UNDER 30 in 2022, but Forbes said she will also be included in the Hall of Shame. He said he would like to revoke the award if it were possible.

connection:Sam, former CEO of cryptocurrency exchange FTX, found guilty on all seven charges

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