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World’s youngest crypto billionaire named – Rambler / finance

Forbes named the youngest crypto billionaire in the world. It was 27-year-old Vitalik Buterin, who was born in the Moscow region. His fortune reached $ 1.09 billion.

A native of Russia became the youngest crypto billionaire

Photo: Vitalik Buterin’s official VKontakte pageVitalik Buterin’s official VKontakte page

This became possible thanks to the rise in the value of the Ethereum cryptocurrency, which Buterin created. The token price exceeded $ 3000 for the first time last Monday. At the time of publication of the news, air costs $ 3359.66.

In total, Buterin’s cryptocurrency wallet contains 333,520 Ethereum tokens. Curiously, since the beginning of 2020, the man’s fortune has grown by almost 25 times.

Analysts note that ether is becoming more expensive due to the growing popularity of decentralized finance (DeFi) applications. Their goal is to replace traditional financial institutions, including banks and insurance companies. DeFi is implemented in a decentralized architecture.

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