Ethereum (ETH) Co-Founder Is Bullish with Qtum And VeChain Projects
Ethereum (ETH) co-founder and billionaire, Anthony Di Iorio, who now runs blockchain projects-based Decentral “Innovation Hub” in Toronto, Canada, and Jaxx cryptocurrency wallet is keeping an eye on Chinese blockchain projects Qtum and VeChain, and he’s bullish about them.
Shopping cheap and selling high, Di Iorio targets Qtum and VeChain Chinese blockchain projects
Anthony Di Iorio, who made a fortune trading Bitcoin (BTC) when the leading cryptocurrency in the world was trading at $8, is still looking to invest in the cryptocurrencies market.
Now, he keeps an eye on Qtum and VeChain Chinese blockchain projects, and he is bullish on these two projects.
“The biggest stake for me is in Qtum and VeChain right now, the two Chinese projects, there’s much more opportunity in newer ones if you can identify them,” said Di Iorio in a recent interview he had in Toronto.
Qtum is a project that grants the soundness of Bitcoin blockchain and the resilience of the Ethereum (ETH) network’s smart contracts. Despite the fact the project is praised by the crypto and financial sectors, Qtum team thinks it could’ve done a better job in social media and marketing.
On the other hand, the VeChain project, the second target Di Iorio established for his investments, is a blockchain concentrating on supply chain management and financial services. Also, VeChain (VEN) experienced a price surge recently, after Bithumb listed it.
Ethereum (ETH) co-founder Anthony Di Iorio still believes in Bitcoin (BTC)
“In general, it’s got amazing features, and it’s got the ability to, because it’s scarce, great utility, you could move value quickly fast (…) as more people start to use it, I think it’ll go up,” said Di Iorio in an interview for Bloomberg, proving himself, once again, as a Bitcoin (BTC) believer, even though he is Ethereum (ETH) co-founder.
On the other hand, Anthony Di Iorio also commented the recent statements from a couple of SEC officials that Ethereum (ETH) is not security. According to him, the team behind ETH was aware that the crypto was not security even since they set it up and launched it.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.