BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and main stake in a stem cell firm following his March pardon from US President Donald Trump, which cleaned his conviction for Bank Secrecy Act violations.
Hayes, who constructed BitMEX into one of many largest derivatives platforms earlier than it fell underneath regulatory hearth, has been an everyday affected person on the stem cell agency’s clinics in Mexico and Bangkok for over a 12 months, he informed Bloomberg.
“I need to reside so long as potential, as wholesome as potential,” Hayes mentioned, noting that extra nations are stress-free guidelines round stem cell use. The firm, which is at present rebranding, was not recognized.
In March, Trump pardoned 4 former BitMEX executives, together with Hayes, Benjamin Delo, Gregory Dwyer and Samuel Reed, who had pleaded responsible to Bank Secrecy Act violations tied to weak Anti-Money Laundering controls on the trade.
Related: Utility, volatility and longevity: Looking past the hype
Crypto titans chase longevity
Hayes’s guess on longevity comes as crypto titans more and more funnel wealth into the sector.
In 2021, Vitalik Buterin contributed $25 million in Shiba Inu (SHIB) tokens to the Future of Life Institute and over $350,000 to the SENS Research Foundation to “reimagine ageing.”
He has known as life extension a trigger value combating for, framing it as a strategy to finish the generational loss brought on by growing older. “Just even the method of growing older turning into one thing that simply turns into reversible and it being an everyday factor for folks to reside one and a half, two centuries after which go even farther from there,” Buterin mentioned.
Former Coinbase government Balaji Srinivasan additionally co-founded Counsyl, a genomics startup targeted on inexpensive genetic testing for reproductive well being and illness screening. Coinbase CEO Brian Armstrong co-founded genetic startup NewLimit, which raised $130 million this 12 months.
Cointelegraph reached out to Hayes for remark however had not obtained a response by publication.
Related: Experts to assemble in Miami to drive longevity analysis ahead
Hayes stays energetic in crypto
Hayes has additionally remained energetic in crypto’s monetary frontier. His household workplace, Maelstrom, has backed digital asset treasury firms, publicly traded companies stockpiling tokens on their steadiness sheets.
Last 12 months, Hayes’ Maelstrom fund additionally launched a Bitcoin grant program providing $50,000 to $150,000 yearly, with as much as $250,000 per developer, to assist open-source work to strengthen Bitcoin’s scalability, resilience, privateness and censorship resistance.
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