Federal Reserve Chair nominee Kevin Warsh has disclosed a personal fortune valued at over $100 million. The former Fed governor's financial filings reveal a wide array of investments, including substantial holdings in the cryptocurrency sector and emerging technology firms.
Warsh has $100 million invested in a single fund, one of many assets he was required to make public as part of his Senate confirmation process. His investment portfolio spans traditional finance, blockchain networks such as Solana, Ethereum layer-2 solutions like Blast and Optimism, decentralized finance protocol dYdX, NFT company Dapper Labs, and crypto venture firm Polychain.
Further crypto investments include the Bitcoin trading platform Flashnet, Ethereum developer platform Tenderly, and social media startup DeSo. Warsh has also invested in various tech ventures, including Contraline, Cionic, and electric boating company Arc Boats.
His disclosures also highlight investments in artificial intelligence companies, the prediction market Polymarket, and Elon Musk's aerospace company SpaceX. Despite support, Warsh's nomination faces delays due to a Department of Justice investigation into current Fed Chair Jerome Powell.