How a former Jefferies Asia CEO stumbled into a crypto fortune

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Mike Alexander found his way into blockchain in 2015 when an Indian property deal went sour. Now, he’s turning his focus on NFTs.

Mike Alexander might have almost stumbled into his first crypto and blockchain investment, but he has made so many since that he is not afraid to admit the first one was all but a fluke.

The real estate play was ii5, and there were hopes it would become the dominant online listings site for India. He says he lasted 15 days before opting to dive back into full-time work to run Block.one’s $US1 billion VC fund, called EOS VC. But then, as COVID-19 arrived, he found himself stuck in Australia on a visit to his family, surprised at how this market had ignored blockchain and crypto investments. But Australia is catching up.

But now, Alexander firmly focused on one of his latest investments: BlockTrust, a non-fungible token play which is expected to soon raise fresh capital. The company partners with brands – such as Village Roadshow – to create digital assets, taking a cut each time one is traded and enabling the company to collect and distribute data.

 

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