Theodore Gillibrand Raises $30 Million for APEC Crypto Derivatives Startup After Stanford Graduation
36Framing Analysis
Theodore Gillibrand, 22-year-old son of Sen. Kirsten Gillibrand (D-NY), raised $30 million for APEC, a firm planning perpetual futures contracts on U.S. equities, shortly after graduating from Stanford. APEC carries a reported $300 million valuation. Sen. Gillibrand has co-sponsored crypto legislation with Sen. Cynthia Lummis (R-WY).