Co-founder Arthur Hayes received a seat on the board of a stem cell company and became a major investor. This happened after U.S. President Trump pardoned him in March for violations of the Bank Secrecy Act.
From cryptocurrency exchange to biotechnology.
Hayes, who turned BitMEX into one of the largest platforms for trading cryptocurrency derivatives, told Bloomberg that he had been regularly undergoing treatment at stem cell clinics in Mexico and Bangkok for over a year.
"I want to live as long as possible and be as healthy as possible," the billionaire explained his decision. According to him, more and more countries are easing regulations on the use of stem cells.
The name of the company currently undergoing rebranding is not disclosed. Hayes became a patient at the clinics long before he acquired a financial stake and a leadership position there.
In March, Trump pardoned four former executives of BitMEX: Hayes, Benjamin Delo, Gregory Dwyer, and Samuel Reed. All of them pleaded guilty to violations of the Bank Secrecy Act due to weak anti-money laundering measures at the exchange.
Cryptocurrency billionaires invest in longevity.
Hayes is not the only cryptocurrency figure investing in longevity research. In 2021, Vitalik Buterin donated Shiba Inu tokens worth $25 million to the Institute for Future Life and over $350,000 to the SENS Research Foundation for "rethinking aging."
The founder of Ethereum calls the quest for longevity a cause worth fighting for. He envisions a future where "the aging process becomes reversible, and it will be commonplace for people to live one and a half to two centuries, and then go even further."
Coinbase CEO Brian Armstrong founded the genetic startup NewLimit, which raised $130 million in funding this year.
Activity in the crypto sphere continues.
Alongside biotechnology, Hayes remains an active participant in crypto finance. His family office Maelstrom supports companies that manage digital assets — public firms accumulating tokens on their balance sheets.
Last year, the Maelstrom fund launched a grant program for Bitcoin developers. The program offers between $50,000 and $150,000 annually, up to a maximum of $250,000 per developer, to support open-source projects aimed at enhancing the scalability, sustainability, privacy, and censorship resistance of Bitcoin.
