{"id":47872,"date":"2021-08-18T11:54:14","date_gmt":"2021-08-18T08:54:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47872"},"modified":"2025-09-01T23:30:56","modified_gmt":"2025-09-01T20:30:56","slug":"billionaire-said-gutseriev-sold-stakes-in-crypto-platforms-currency-com-capital-com-and-zubr-io","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/billionaire-said-gutseriev-sold-stakes-in-crypto-platforms-currency-com-capital-com-and-zubr-io\/","title":{"rendered":"Billionaire Said Gutseriev Sold Stakes in Crypto Platforms Currency.com, Capital.com and Zubr.io"},"content":{"rendered":"<p>A member of the board of the Safmar group Said Gutseriev sold his stakes in the cryptocurrency platforms Currency.com, Capital.com and Zubr.io, according to <a href=\\\"https:\/\/www.vedomosti.ru\/business\/articles\/2021\/08\/18\/882496-said-gutseriev-zarabotal-na-kripte\\\">\u00ab\u0412\u0435\u0434\u043e\u043c\u043e\u0441\u0442\u0438\u00bb<\/a>. The businessman\u2019s representative confirmed the deal.<\/p>\n<p>The buyers were the FTX exchange and Belarusian entrepreneur Viktor Prokopenya. The financial terms were not disclosed, but according to the publication, Gutseriev could have earned around $150 million.<\/p>\n<div class=\\\"wp-block-text-wrappers-update-2 article_update\\\"><time class=\\\"gtb_text-wrappers_update_time\\\">6 March 2023 | 20:03<\/time><span class=\\\"gtb_text-wrappers_update_head\\\">Update: <\/span><\/p>\n<p>A representative of VP Capital told ForkLog that the information presented in the newspaper \u00ab\u0412\u0435\u0434\u043e\u043c\u043e\u0441\u0442\u0438\u00bb was inaccurate. He explained that the buyer of the stakes in Currency.com and Capital.com was VP Capital, the business of Viktor Prokopeni, and Zubr.io was the FTX exchange.<\/p>\n<\/div>\n<p>The businessman invested in Capital.com in 2017, together with Prokopeni, $12.5 million each. Later the startup became the infrastructure company for the cryptocurrency exchange Currency.com.<\/p>\n<p>In 2018 Gutseriev founded the cryptocurrency derivatives platform Zubr.io. Control of the legal entity belonged to Innovatia Ltd. In May its owner, instead of Gutseriev&#8217;s fund, became Larnabel Enterprises Ltd, the buyer being the FTX exchange.<\/p>\n<p>The stakes in Currency.com and Capital.com were bought back by Prokopeni. The businessman confirmed in a ForkLog comment that he is now the full owner of the two companies.<\/p>\n<div class=\\\"wp-block-text-wrappers-update-2 article_update\\\"><time class=\\\"gtb_text-wrappers_update_time\\\">18 August 2021 | 20:04<\/time><span class=\\\"gtb_text-wrappers_update_head\\\">Update: <\/span><\/p>\n<p>Representatives of the investment firm VP Capital said they had bought out Larnabel Ventures&#8217; stakes in Currency.com and Capital.com. In their words, it took more than a year to complete the deal and required clearance from several international financial regulators.<\/p>\n<p>Financial terms and other details of the deal were not disclosed.<\/p>\n<\/div>\n<p>As previously reported, at Currency.com&#8217;s launch Gutseriev and Prokopenya together invested about $10 million in the exchange.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A member of the board of the Safmar group, Said Gutseriev, sold his stakes in the cryptocurrency platforms Currency.com, Capital.com and Zubr.io.<\/p>\n","protected":false},"author":1,"featured_media":47873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1933,52,329],"class_list":["post-47872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-currency-com","tag-investments","tag-platforms"],"aioseo_notices":[],"amp_enabled":true,"views":"88","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=47872"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47872\/revisions"}],"predecessor-version":[{"id":47874,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47872\/revisions\/47874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/47873"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=47872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=47872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=47872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}