Additionally, Arbinet’s fundraising story was featured as a case study in 2001 by Harvard Business School. Alex founded two of New York City’s top 10 venture-backed exits since 2000: Arbinet, with a 2004 IPO that had a market capitalization of over $750 million and Transit Wireless, valued at $1.2 billion.Īlex has received numerous awards for innovation, including being nominated twice by E&Y as ‘Entrepreneur of the Year’, in 2002 & 2011 Crain’s 2010 Top Entrepreneur the prestigious 2000 Albert Einstein Technology medal and the Technology Foresight Award for Innovation (presented in Geneva at Telecom 99).Īs one of the pioneers of web-based exchanges, Alex authored patents that cover aspects of the Smart Grid, ad exchanges, Twitter, Skype, App Store, Netflix streaming concept and many other popular web companies. Alex Mashinsky, CEO of crypto lending platform Celsius (CRYPTO: CEL), says that Bitcoin (CRYPTO: BTC) could fall by up to 20 from the current price before surging higher. Reading Time: 4 minutes First let us stop and commend Alex Mashinsky for his impact on the world as we know it.
ALEX MASHINSKY LICENSE SERIAL
Over 35 patents have been issued to Alex, relating to exchanges, VOIP protocols, messaging and communication.Īlex is a serial entrepreneur and founder of seven New York City-based startups, raising more than $1 billion and exiting over $3 billion. He also served as CEO of Novatel Wireless, a company of 200 employees, which delivers specialized wireless solutions to carriers, including the first 5G device commercially deployed in the US with Verizon in 2016.Alex is one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now working on MOIP (Money Over Internet Protocol) technology. That company was valued at $1.2 billion at the time of its exit in 2016.
He also launched Transit Wireless, the world’s largest DAS LTE wireless system, which serves the 300 NYC underground subway stations. We will soon switch to a better solution for our NY state’s users. The services provided to our NY users through our partnership with Prime Trust are not at the level that our users are accustomed to. After moving to New York City, he founded Arbinet, the telecom industry’s largest exchange, which was valued at $750 million when it had an IPO in 2004. UK Financial Conduct Authority (FCA) Alex Mashinsky expressed: I want to apologize to the Celsius Network NYS users. His talk will also describe the scenarios in which he thinks decentralized consumer marketplaces will eventually take down big banks.Īlex was born in Israel and graduated from Tel Aviv University with a degree in Economics. As of 1 January 2020 it has done $4.25 billion in loan origination with $400 million in assets and more than 53,000 active wallets.Īlex’s presentation will explain how consumer banking will gradually become decentralized, and how we are quietly reaching the tipping point to disruption and mainstream adoption. He’s also made around 120 VC investments, holds 34 patents, raised over a billion dollars, and has achieved over 3 billion in exits. Celsius raised $50 million in an ICO in May 2018.
So far he has raised more than $1 billion and exited at valuations of over $3 billion.Ĭelsius Network is an Ethereum-based cryptocurrency lending platform that pays interest on cryptocurrency deposits and allows its users to take out low-interest loans. I make 9 to 12, I give you 80 of what I make back,' Alex Mashinsky explains. He is also the founder of seven New York City-based startups, including two of the city’s ten largest venture-backed exits since 2000. Alex is a serial entrepreneur and one of the inventors of VOIP. During Bitcoin Wednesday on 5 February 2020, Celsius Network’s CEO Alex Mashinsky will give a talk about MOIP, money over Internet Protocol, and decentralized finance.