Ex-Blackrock & Wells Fargo Veteran Gets Draper Goren Holm Backing For Crypto Exchange
Former Blackrock and Wells Fargo alum launch next-generation cryptocurrency exchange.
Los Angeles, CA & Atlanta, GA — June 15st, 2021 — Draper Goren Holm announced today the firm’s newest portfolio company: H2cryptO, Corp. DGH, the SoCal Venture firm led by Tim Draper, Alon Goren, and Josef Holm, has invested an undisclosed amount in the Next-Generation Cryptocurrency Exchange.
“We’re so excited to welcome H2cryptO into our family as George and his team have a proven track record of understanding the sector on an intimate level, making them well-positioned to become an industry leader,” said Alon Goren, Founding Partner at Draper Goren Holm. “We view George’s leadership in the cryptocurrency space critical due to his extremely valuable traditional finance background.”
George Kushner, the CEO of H2cryptO, has spent two-plus decades in Financial Services in fields such as Institutional Fixed Income & Derivative sales, Alternative Investments, and Private Banking. George has worked for firms such as Merrill Lynch, Merrill Lynch Hedge Fund Development & Management Group, Man Group, BlackRock, and most recently was a np.
H2cryptO, headquartered in Atlanta, Georgia, is the first and only Cryptocurrency Exchange to offer 24/7/365 LIVE client support, which alleviates client anxiety when attempting to receive support for investing in Cryptocurrencies. In tandem, H2cryptO will be a trusted resource for Cryptocurrency education and investment know-how. By offering 24-7-365 LIVE client services, H2cryptO is working towards tackling and transforming long-held issues with existing exchanges that lack client support which has been widely reported as an enormous factor in preventing mass or broad adoption.
H2cryptO’s client service model will enable individual investors & traders as well as clients of major industry partners to request and receive exchange support around the clock. Available expertise includes, but is not limited to, assistance with account accessibility, cryptocurrency education, migration around the exchange, including basics fundamentals of trading, wallet storage, two-factor authentication, and Know Your Customer (KYC) forms.
H2cryptO believes the problem in today’s cryptocurrency ecosystem is that there is not a platform for Cryptocurrency investors to learn and understand how to open accounts, basics of trading, how to keep their digital assets safe long-term, and the difference between coins and the unique capabilities within the cryptocurrency ecosystem (lending, borrowing, staking, custody, DeFi, etc…). In addition, there is so much fragmentation in the cryptocurrency space that when H2cryptO pulls many of the components under one roof, they will offer something quite unique and compelling. The industry is still too chunky, clunky, cumbersome, and scary. H2cryptO aims to close the gap and make investing in cryptocurrency much easier, and help bring it mainstream.
H2cryptO also emphasizes the predominant cryptocurrency users today are individuals in the technology space who better understand blockchain & distributed ledger technology and individuals in financial services who understand markets. New market entrants, and current market participants, who are both unfamiliar with technology and financial services, need help and support. Furthermore, due to the volatility of the cryptocurrency markets, clients cannot wait for emails to be answered over days or weeks or to engage with chatbots with inaccurate information.
George Kushner, Founder & CEO, of H2cryptO, Corp said, “We’re honored to partner with Tim Draper, Alon Goren & Josef Holm and the amazing team and portfolio at Draper Goren Holm. We are excited about being the first Cryptocurrency Exchange to finally provide 24/7/365 LIVE support for Cryptocurrency investors & traders and creating a better world together with the amazing team at Draper Goren Holm.”
Unlimited LIVE client service 24-7-365 support is currently available to H2cryptO Exchange clients only. H2cryptO is a cryptocurrency exchange domiciled in Atlanta, GA.
To learn more about H2cryptO, visit https://h2crypto.io. For more on Draper Goren Holm, go to https://drapergorenholm.com/.
SIGN UP AT: https://h2crypto.io
About Draper Goren Holm:
Draper Goren Holm, a partnership between Tim Draper, Alon Goren, and Josef Holm, is a venture studio focused on accelerating and incubating early-stage blockchain and fintech startups, while simultaneously producing over 100 leading blockchain and cryptocurrency events, Security Token Summit and LA Blockchain Summit. Portfolio companies include LunarCRUSH, Tezos Stable Technologies, Totle, Ownera, Innovesta, Degens, Giftz, Vertalo, Coinsquad, CasperLabs, Element Zero and more.
More information can be found at https://drapergorenholm.com.