Malcolm Casselle is perhaps best known for his role as the chief investment officer of OPSkins. OPSkins is the world’s leading centralized marketplace for the exchange of digital goods. In addition, it is also the world’s largest merchant which offers bitcoin. Malcolm Casselle was instrumental in the application of blockchain technology for this centralized marketplace. However, even utilizing blockchain technology still has its limitations whenever it is applied to a centralized market. This is the reason that Malcolm Casselle launched his very own company known as worldwide asset exchange for which he hopes to create the world’s largest decentralized marketplace for the exchange of digital assets.
He has successfully raised over $100 million in venture capital as a result of the initial coin offering for wax tokens the currency that will be utilized on this decentralized marketplace. Malcolm Casselle hopes that using a decentralized marketplace format will help to eliminate two key issues that have been in the digital asset exchange industry since it initially began. These are the issues of geographical fragmentation as well as fraudulent activity. By utilizing a decentralized format individuals around the world will be able to conduct transactions nearly instantly using a common currency without the need for a third-party to facilitate the trade or transaction. In addition by combining the immutability of the blockchain with the decentralized nature of the marketplace, fraudulent activity will all but be eliminated entirely.
Malcolm Casselle is a graduate of the Massachusetts Institute of Technology where he received a bachelor’s degree in computer science. Since then he attended Stanford University in pursuit of his graduate education where he also received a degree in computer science. After the completion of his higher education, Malcolm Casselle began his professional life. He has seen success both as an entrepreneur and as an investor. He was wise enough to invest during the early stages of several bitcoin startup companies as well as both Facebook and Zynga. He has held several key leadership roles in several digital technology companies including a position as the chief investment officer of OPSkins the world largest online centralized marketplace for the exchange of digital goods.