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Anthony Di Iorio

From Wikipedia, the free encyclopedia
Canadian entrepreneur
Anthony Di Iorio
Born
15th Feb 1975Toronto,Ontario, Canada
Alma materRyerson University (now Toronto Metropolitan University)
Known forCo-founder ofEthereum

Anthony Di Iorio is a Canadian entrepreneur primarily known as a co-founder ofEthereum and an early investor inBitcoin. Di Iorio is the founder and CEO of theblockchain company Decentral, and the associated Jaxxwallet.[1] He also served as the firstchief digital officer of theToronto Stock Exchange.[2] In February 2018,Forbes estimated his net worth at $750 million–$1 billion.[3]

Early life

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Di Iorio grew up with two older siblings in northToronto,Ontario.[4] He graduated with a degree in marketing fromRyerson University (now Toronto Metropolitan University).[3] Di Iorio began developing websites during the early 1990s,[5] and eventually entered the rental housing market as an investor and landlord in Toronto, Ontario. In 2012, he sold his rental properties to invest in Bitcoin, and began to organize companies in the field of cryptocurrency.[6]

Career

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Di Iorio began his career working in marketing at a machine manufacturer before he went on to work for his family's patio-door-making business inWoodbridge,Ontario. The family business was sold in 2008, and Di Iorio’s father supported him as he launched a short-livedgeothermal drilling company.[3][4]

He first learned aboutbitcoin from a podcast calledFree Talk Live in 2012. According toThe Globe and Mail, he "had ananti-authoritarian streak" and  questioned "the fundamentals ofmainstream economics." Di Iorio bought his first bitcoin the same day for $9.73. He created the Toronto Bitcoin Meetup Group which held its first meeting at a pub in the same year.[4] As theMeetups grew from about eight attendees to hundreds, Di Iorio formed the Bitcoin Alliance of Canada.[4]

In 2013 Di Iorio founded a Bitcoin wallet Chrome extension called KryptoKit, withSteve Dakh, who created an app forweb browsers that allows users to pay for products and services using thecryptocurrency wallet.[7] KryptoKit was later joined by Buterin, Erik Voorhees, andRoger Ver in 2014.[8] In 2014 Di Iorio co-founded the cryptocurrency platform Ethereum,[9] that has been valued at $7 billion[6] and had a market cap of $1.6 billion in 2017.[5]

In 2021, he stated that he intended to leave the crypto market due to "safety concerns."[10]

TSX, Jaxx, and boards

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In January 2016,TMX Group hired Di Iorio as the firstchief digital officer of theToronto Stock Exchange (TSX).[2][11] In February 2016, Di Iorio announced the launch of Jaxx, a unified platform that provides wallet services for both Bitcoin and Ethereum. He left his position at TSX to focus on Jaxx.[12] Di Iorio is the founder and serves as CEO of Decentral Inc., the developer of Jaxx.[4][13]

Di Iorio has been involved in the development of a rating system for initial coin offerings and attempting to unite various cryptocurrencies into one financial ecosystem.[14] In a series of articles published in February 2018,Forbes named Di Iorio among its list of the top-20 richest people in cryptocurrency.[15]

References

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  1. ^Wong, Natalie (June 21, 2018)."Ethereum Billionaire Looks to China for Next Big Crypto Winners".Bloomberg. Retrieved2019-04-28.
  2. ^abDaly, John (2017-02-01)."How blockchain technology could revolutionize the markets".Globe and Mail. Retrieved2019-04-28.
  3. ^abcYounglai, Rachelle; Chambers, Stephanie (June 20, 2018)."Cryptocurrency tycoon buys $28-million penthouse in former Trump Toronto hotel".Globe and Mail. Retrieved2019-04-28.
  4. ^abcdePachner, Joanna (November 27, 2018)."Livin' large with Canada's crypto king".Globe and Mail. Retrieved2019-04-28.
  5. ^ab"Meet the banker, venture capitalist and eight others changing the way we think and work".Financial Post. 5 April 2017. Retrieved2021-06-21.
  6. ^abBrownell, Claire (27 June 2017)."Vitalik Buterin: The cryptocurrency prophet".Financial Post. Retrieved2021-06-21.
  7. ^Biggs, John (2013-12-10)."KryptoKit Lets You Pay In Bitcoin Instantly On Almost Any Webpage".TechCrunch. Retrieved2019-04-28.
  8. ^Eha, Brian Patrick (2014-01-06)."This Bitcoin Wallet Service Just Added 3 Major Players to its Roster".Entrepreneur. Retrieved2019-04-28.
  9. ^"Ethereum co-founder Anthony Di Iorio says crypto wallets are the new browsers".BetaKit. 2017-11-06.Archived from the original on 2017-11-06. Retrieved2021-06-21.
  10. ^"Ethereum Co-Founder Says Safety Concern Has Him Quitting Crypto".Bloomberg.com. 2021-07-16. Retrieved2022-08-20.
  11. ^Lou, Ethan (2016-03-04)."Canada's TSX hires Bitcoin guru, studies currency's technology".Reuters. Retrieved2019-04-28.
  12. ^"Bitcoin guru leaves Canada's TSX to focus on blockchain venture".Reuters. 2016-11-28. Retrieved2019-04-28.
  13. ^Wieczner, Jen (2018-06-15)."Dreaming of a Crypto Christmas With Ethereum Cofounder Anthony Di Iorio".Fortune. Retrieved2019-04-28.
  14. ^"Di Iorio and Shrem to offer token rating service and Jaxx Unity reward coin". 4 July 2017.
  15. ^"The Richest People In Cryptocurrency".Forbes. February 6, 2018. Retrieved2019-04-28.

External links

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