Perth and Crypto

Perth is one of the wealthiest parts of Australia and rakes in heaps of cash from its iron ore mines. The state holds about 98% of Australia’s iron ore and contributed 38% of the worldwide supply in 2022.

Perth is not a terrible place to spend a fortnight in, given the city sees an average of eight hours of sunlight per day and boasts a coastline that stretches 123 kilometers.

One of Australia’s biggest digital asset investment firms, DigitalX. The Australian Securities Exchange-listed company has its headquarters in West Perth and provides wholesale investors with institutional-grade access to digital assets.

Venture capital fund JellyC. is particularly looking for projects “moving forward on real-world assets tokenization.” JellyC also manages two investment funds, Bluebottle Digital Strategy Fund and Bluebottle Multi Strategy Fund, both only available to wholesale and professional investors.

Bamboo, is a micro-investing crypto app that’s becoming a go-to for people of all ages, providing an easy entry point into crypto investing. The app links up with your bank account, rounding up your everyday transactions to the nearest $1–$10, and then invests the spare change in crypto.

Respected elder statesman blockchain project PowerLedger also originates and operates out of Perth. It has developed a world-first renewable energy blockchain trading platform. 

Its software allows consumers and producers to track, trace and trade every kilowatt of energy that is produced off-grid.

Powerledger is a renewable energy blockchain project.

According to CoinMarketCap, PowerLedger’s native token, POWR, peaked at well over half a billion-dollar market cap. It’s now got a market cap of $163.4 million, and its current price is $0.31.

https://cointelegraph.com/magazine/crypto-city-guide-perth-cointelegraph-magazine/#h-perth-s-notable-crypto-people