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Jacob Rothschild Dies Aged 87, Here's His Crypto Portfolio
1️⃣ Legendary financier, banker and philantropist has inspiring track record in digital assets as well
2️⃣ Lord Jacob Rothschild, British peer, investment banker and member of the Rothschild banking family, passed away at age 87. Despite stepping down as chairman and director of RIT Capital Partners (formerly Rothschild Investments) in 2019, he remained president of the investment trust until his death.
3️⃣ Animoca Brands, Kraken, Paxos, what else? Jacob Rothschild's journey in crypto It was Lord Rothschild under whose leadership RIT Capital Partners started heavily investing in cryptocurrency and blockchain start-ups. Lord Jacob Rothschild dies at age of 87
4️⃣ For the first time, the global crypto community started discussing this trend in 2016 when the Rothschild family decided to drop the U.S. dollar for "other currencies." Some enthusiasts hinted that Bitcoin (BTC) could be a safe haven for legendary investors.
However, the first confirmed investments in the crypto segment were announced in 2021.
The Rothschild-founded VC unit co-led an $8.8 million round for HK-based blockchain platform Aspen Digital.
Besides Aspen Digital, he also invested in GameFi pioneers Animoca Brands, creators of leading Web3 game The Sandbox (SAND), top-tier centralized crypto exchange ecosystem Kraken and Dapper Labs, the NFT heavyweight behind CryptoKitties, NBA Top Shot and Flow (FLOW) L1 blockchain for digital collectibles.
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