Cryptocurrencies
Princeton Crypto Alumni Give $20 Million for Blockchain Research
- Briger, Lubin, Morehead and Novogratz attended in 1980s
- Donor hopes to make his contribution as a digital asset
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Four Princeton University alumni who studied at the Ivy League school in the 1980s and went on to become some of the highest profile individuals in the cryptocurrency world are donating $20 million to their alma mater.
The money will fund a research initiative to “better understand the potential benefits and pitfalls” of blockchain, the technology behind cryptocurrencies, and will be housed in the School of Engineering and Applied Science, Princeton said Thursday in a statement.