Silbert Biography
Barry Silbert is an American businessman and the CEO and founder of Digital Currency Group (DCG), a grouping of five businesses centered around cryptocurrencies. He holds 4 board and advisor roles including Investor at Tapad , Investor at Murfie , and Member of the Board of Advisors at Lenddo. With its network, knowledge, and capital access, DCG creates and promotes businesses centered around bitcoin and blockchain technology.
Silbert Education
He earned a bachelor’s degree in finance from Emory University’s Goizueta Business School. He began working as an investment banker at Houlihan Lokey as soon as he graduated in 1998, and he stayed there for more than five years.
Silbert Age
Barry is 44 years old as of 2024. She was born in 1980 in in Gaithersburg, Maryland.
Silbert Wife
He is married to Lori Silbert. The couple has a daughter together.
Silbert Parents and Family
He has not disclosed any information about his personal life or family on the internet. Silbert also doesn’t utilize social media sites frequently. Thus, we don’t know much else about his personal life.
Silbert Work
After passing the high school General Securities Representative Exam, Silbert became eligible to work as a stockbroker. At seventeen years old, Silbert became the youngest person to pass the Series 7 stockbroker exam. Subsequently, he established SecondMarket (formerly known as Restricted Stock Partners), which saw success and was recognized as a Technology Pioneer at the 2010 World Economic Forum meeting.
As a result, Silbert was named one of Fortune Magazine’s “40 under 40” and won the Ernst & Young Entrepreneur of the Year award in 2009. Silbert first heard of Bitcoin in 2012 and started investing in this new-age financial instrument. In 2013, he quit SecondMarket to concentrate on the developing cryptocurrency market as his knowledge of cryptocurrencies increased.
In 2013, Silbert founded Grayscale Investments, a digital currency asset management firm, to assist consumers in utilizing disruptive technology such as cryptocurrency through investment. After a few years, Barry Silbert used the money from the sale of SecondMarket to NASDAQ to launch Digital Currency Group in 2015.
Apart from enabling customers to acquire an exposure to cryptocurrencies with Grayscale Investments, Silbert also launched additional subsidiary companies under DCG, which enhanced its position in the crypto market. Shakil Khan, a Spotify advisor, and angel investors first established CoinDesk to solve the issue of opaque information in the cryptocurrency space. DCG introduced the platform in 2016 after being pleased with its usability and core principles. One of the leading news websites covering the cryptocurrency space is still CoinDesk.
Genesis, a different DCG affiliate, is a trading desk that specializes in digital currencies. As a trading branch of SecondMarket, it provides institutional investors with safe and discrete ways to purchase, sell, borrow, and lend huge sums of money. Genesis offers its clients custody services as well as screening for KYC and AML standards.
With a primary focus on the bitcoin mining business, Foundry aims to equip miners with cutting-edge technologies so they can construct decentralized infrastructure.In addition to being one of the biggest Bitcoin miners in North America, Foundry’s responsibilities also include funding, purchasing mining gear, and offering miners advice and consultancy.Silbert thinks that the core of blockchain technology is digital asset mining and staking.
With over 5 million customers, Luno is a cryptocurrency wallet and retail exchange. The exchange platform processes billions of transactions annually and is active in over 40 countries worldwide.In 2020, DCG acquired Luno and established the cryptocurrency exchange as one of its divisions.The acquisition’s cost, though, was not made public. The platform is a DCG subsidiary, although it runs on its own.
Silbert Net Worth
Barry has an estimated net worth of $2 billion.
