Dan Averbukh

CEO

After getting my MBA from Wharton, I started working in the investment industry, focusing on financial technology companies.

Eventually this led me to found, Clerkenwell Asset Management, an investment fund which leveraged emerging technologies to find investment opportunities with asymmetric risk/reward.

As Clerkenwell grew to over $100M in assets under management, I was often struck by the deep problems of trust and credibility that I faced both in marketing my fund, as well as in having data vendors and potential partners marketing their track records to me.

It's easy to get friends to trust you, but for good reason, people don't trust strangers and showing people that your insights are gold and not lead can be an extremely difficult and frustrating process. validityBase grew from this as I realized that blockchain technology holds the key for building trust among unrelated parties doing business over the internet.

The problems are general, but the solutions are specific. validityBase is building credibility solutions for financial data and financial track records, with a longer-term view towards applying this technology across various industries.