Bullish indicating open at $55-$60, IPO prices at $37
MALIBU - The Crypto Company (OTCID:CRCW), a micro-cap cryptocurrency firm with a market capitalization of $2.46 million, announced Wednesday that original founder Rafe Furst has rejoined the company as Chief Strategy Officer and is investing Bitcoin into the firm through a related entity.
Furst, who holds a master’s degree in Artificial Intelligence from Stanford University, was among the company’s founding members in 2017 and previously invested Bitcoin during its formation.
"Having Rafe back is more than symbolic - it’s catalytic," said Ron Levy, CEO of The Crypto Company, in a press release statement.
In his new role, Furst will lead the implementation of the company’s crypto treasury strategy. His professional background includes founding four companies across Web 1.0 and Web 2.0 before entering the Web3 space, as well as experience in early-stage venture capital.
Furst is also known for authoring "The Future of Venture Capital" with a foreword by Tim Draper, which became an Amazon bestseller, and for being a World Series of Poker Champion.
The Crypto Company, established in 2017, describes itself as bringing together operating entities, Web3 assets, and education under one umbrella, and was among the first public companies to implement a crypto treasury strategy.
The company trades on the over-the-counter market under the ticker CRCW.
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