22-Year-Old Behind $5 Billion Crypto Is Just Getting Started
- Dominik Schiener co-founded IOTA - gets VW and Bosch on board
- IOTA wants to become more international by adding Tokyo office
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(Machine translation provided by Google and reviewed by Bloomberg editors.)
Dominik Schiener would have had 500,000 reasons to turn his back on cryptocurrencies. That is the amount of euros the young man from Berlin lost in 2013/2014 in an attempt to set up a trading platform for digital money. But he remained true to the topic and helped to established IOTA in 2015. Today, that is the world’s eleventh largest cryptocurrency with a
market cap of around $5 billion.