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Biography
The son of a large Russian entrepreneur Mikhail Gutseriev.
2017-2018
Said Gutseriev began to invest in the sphere cryptocurrencies in 2017. The businessman invested $25 million in the company Capital.com with Prokopeney. Then they invested $10 million for two in a crypto exchange Currency.com.
In 2018, Said Gutseriev founded the Zubr.io Cryptoderivatives Exchange, which he registered on Gibraltar. Investments in the project for the year exceeded 4 million euros.
2019: Launch of crypto exchange Currency.com
The crypto exchange was Currency.com created and launched on January 15, 2019 by Belarusian entrepreneur Viktor Prokopenya and the son of Russian billionaire Mikhail Gutseriev Said Gutseriev. Their investment companies VP Capital and Larnabel Ventures invested in a project that they indiscriminately called "the world's first regulated full-featured platform for tokenized exchange assets," about $10 million[1]. The exchange, its founders say, will be interesting primarily to those who are already holders of cryptocurrencies, since it provides an opportunity to invest them, and not just sell for fiat money. More details here.
2021
Member of the Board of Directors of M.video PJSC
In May 2021, Gutseriev Said Mikhailovich joined the Board of Directors of M.video PJSC as a non-executive director. More details here.
Sale of stake in three crypto exchanges, income - $150 million
On August 18, 2021, it became known about Said Gutseriev's withdrawal from the capital of three cryptocurrency exchanges:, Currency.com Capital.com and Zubr.io. They write about this "" Sheets with reference to the statements of the companies and the representative of the businessman himself, who is a member of the board of directors "" and Safmar financial investments"."M.Video
According to a source familiar with the terms of the transactions, Gutseriev could earn about $150 million from the sale of cryptobirds. Officially, the amount of transactions is not disclosed.
The buyers of Gutseriev's packages in crypto exchanges were the international trading platform FTX and the entrepreneur's partner in Currency.com and Capital.com, Belarusian businessman Viktor Prokopenya, who owns VP Capital holding. VP Capital spokesman Prokopeni confirmed this.
The interlocutors of the publication note that among the three main sources of cryptobirge earnings are a commission during transactions, the sale of their own tokens in which transactions are conducted, and fees for placing cryptoproject tokens.
We believe that crypto exchanges and, in general, blockchain technology are brilliant and they came long. These are technologies that can be used for different industries, not only for cryptocurrencies, "says Said Gutseriev in an interview with Forbes. |
The entrepreneur began to get rid of shares in cryptocurrency projects in the first half of 2021. By August 18, Forbes estimates Gutseriev's fortune at $1.7 billion.[2]
Exit from the capital of Paritetbank
On October 14, 2021, it became known about Said Gutseriev's withdrawal from the capital of the Belarusian Paritetbank (Paritetbank brand). The entrepreneur sold his share to another businessman Rasim Ismailov, the credit organization said. More details here.