One of the very important issues with the crypto world is the question of custodianship. Where are the cryptocurrencies stored and what happens if there is a worldwide computer hack, like the one experienced these past weeks? Wences has spent a good part of his life considering this very issue and has built multiple businesses around the solution.
Wences is a technology entrepreneur with global business experience specializing in technology and financial ventures. He is an advocate of the Bitcoin revolution and he has said he believes that Bitcoin will be bigger than the internet.
He is the founder and CEO of Xapo, a Bitcoin wallet startup based in Palo Alto, California. Xapo is said to be the largest custodian of bitcoin in the world. Xapo has raised $40 million from leading Silicon Valley venture capital firms.
Casares sits on the board of PayPal, the world’s largest fintech company and, as part of his non-profit activities, he serves on the board of Endeavor, a non-profit organization that promotes high-impact entrepreneurship in emerging markets and that was instrumental in his early success and he also serves on the board of Kiva, a non-profit organization with a mission to connect people through lending to alleviate poverty worldwide.
Learn more about Xapo here.