Investor James Altucher to launch cryptocurrency exchange

American hedge fund manager James Altucher plans to raise funds to launch a digital asset trading platform
07 January 2018   746

James Altucher is an American Wall Street investor, hedge fund manager, entrepreneur, best-selling author, venture capitalist, and podcaster, who has founded or co-founded more than 20 companies. He is widely promoting the idea of Bitcoin stating that the future belongs to cryptocurrency and blockchain.

And ALL of logistics will be replaced by Bitcoin (e.g. UPS is replacing all of their internal logistics (tracking millions of packages every day going from millions of locations to millions of other locations) by Bitcoin technology. There’s nothing behind paper money or gold like this.
 

James Altucher blog post

In the beginning of January of 2018 it was revealed in a U.S. Securities and Exchange Commission filing that Altucher is backing a company called Bitzumi, Inc., which plans to launch a Bitcoin exchange, and Altucher and his colleagues plan to raise $10M to start a crypto trading platform.

Initially, our primary focus will be to develop a publishing and marketing company to educate potential Bitzumi exchange/wallet consumers, and to gain name recognition — Ultimately, we intend for our primary product to be our cryptocurrency exchange and digital storage — We also plan to develop various educational and information products and newsletters focusing on the cryptocurrency industry.
 

U.S. Securities and Exchange Commission filing

As it is stated in the filing, BTC, LTC, Ripple and ETH trading will be initially available on Bitzumi, and the exchange will be fully regulated working with U.S. officials from Fincen, SEC, CFTC, and the IRS.

Blockchain Shift Announces Groundbreaking Event

Inaugural Conference to Shine Spotlight on Miami as Future Crypto Hub of the Americas
25 May 2018   76

It was announced that Miami will host the first-annual Blockchain Shift conference, bringing together leaders from industry, technology, finance and the arts to celebrate the potential of distributed ledgers, crypto currencies and the democratization of finance.

The event will take place from October 11th – 12th, 2018, at Mana Wynwood (318 NW 23rd St, Miami).

Blockchain Shift has already confirmed the participation of key sponsors such as IBM, Tesla, KPMG and Bloomberg; as well as an array of A-list speakers including U.S. Congressmen, City Mayors, federal regulators, billionaire technologists and internationally-renowned celebrities.

The ground is shifting beneath our feet, as technology advancements have disrupted virtually every sector of society. Our event will celebrate these advancements, while bridging the gap between a crypto crowd and more advanced legacy industries that are beginning to understand blockchain is here to stay.
 

Dan Viola 

Attorney, entrepreneur and Co-Founder, Blockchain Shift

Although the event has just publicly announced, it has already made great strides with key attendees and partnerships.

Current partners include:

  • IBM
  • Tesla
  • Bloomberg
  • KPMG
  • tZERO
  • Park Capital
  • Wysh
  • SeriesOne
  • AVYachts
  • Americas Execution, LLC
  • Alchemist
  • BitGo
  • CoinBoost
  • Cohen & Co.
  • Harneys
  • Empire Asset Management Company
  • Joseph Gunnar & Co
  • Shutts & Bowen

A sampling of confirmed speakers include:

  • Congressman Carlos Curbelo
  • Mayor of Miami Francis Suarez
  • Alchemist Co-Founder Steve Neyaroff
  • Chris Ferris of Hyperledger
  • Emma Channing from Satis
  • financier and political consultant Anthony Scaramucci
  • Mayor of Coral Gables Raul Valdes-Fauli

Blockchain Shift will place an equal emphasis on quality of experience, with curated sponsor events, yacht excursions, unparalleled networking and a night of electronic dance music with some of the world’s best-known DJs. Furthermore, the event will provide much-needed white glove service, offering a concierge app, accepting crypto for tickets and sponsorships, delivering badges pre-registered to the hotel, curating excellent food options and preventing inconveniences such as long lines.

This event will serve as a catalyst to put Miami on the blockchain map. We believe quality content and having fun should not be mutually-exclusive, and that’s what Miami is all about. The gorgeous weather, interesting people, favorable tax rates and friendly political climate are the perfect ingredients to make our city a Crypto Hub, and Blockchain Shift aims to celebrate this bright future.
 

Alex Lopatine

Managing Partner, Park Capital and Co-Founder, Blockchain Shift

The event set-up will feature a main stage for keynote addresses, panel discussions and fireside chats; with topics ranging from Crypto Hedge Funds, Crypto Broker-Dealers, and Blockchain Solutions for Wall Street, Real Estate and Art, combined with a current look at SEC, FINRA and FinCen regulations. A second stage for ICOs to present to accredited investors and receive general marketing and legal feedback. Finally, an exhibitor space will serve as a place for engagement, networking and learning with unique lounge-style seating that will be equipped with Bloomberg terminals and a live television broadcast so that attendees can stay abreast of the markets and not miss the presentations on the main stage.

To learn more, purchase tickets, or explore our sponsorship opportunities, visit BlockchainShift.io

Contacts