Brothers Robert Riva and Michael Margaritoff launched Jefferson Capital, a company that manages cryptocurrency hedge funds and provides blockchain solutions for a variety of businesses.
They coined the name Jefferson Capital after founding father Thomas Jefferson, who once said: “The issuing power should be taken from the banks and restored to the people to whom it properly belongs.”
Robert Riva is a CFA level 3 candidate and holds both the series 7 and 63 licenses. He began his financial career as a self-taught options trader and then as a financial advisor at Morgan Stanley where he spent 5 years. While at Morgan Stanley, he and his team managed several households and over $50 million. An early crypto adopter, Robert was and continues to be a firm believer in the value proposition offered by cryptocurrency.
He attended both Bentley College and University of Miami school of business, graduating in 2010 with honors.
Michael Margaritoff first began tracking Bitcoin in 2010, at the age of 16. Later, his perfect ACT scores earned him a full ride scholarship to NYU in Shanghai, where he became fluent in Mandarin (his 5th language). As a featured writer for his school newspaper, Michael became known for his ability to digest and express esoteric subject matter. He is now a contributing writer for Hacker Noon, a popular tech publication.
Chief Investment Officer
Caleb Smith is Chief Investment Officer and Managing Partner at Jefferson Capital. He began his financial career at the age of 16, learning about options trading and complex derivative strategies. While a licensed Series 7 & 66 holder, he developed a global macro trading strategy that outperformed the S&P consistently under his management and was recruited as an Investor at JPMorgan Private Bank. His core investment selections have come in emerging and innovative global technologies. Caleb holds a B.A. in Economics and History from the University of Wisconsin-Madison. He is also a graduate of Deerfield Academy.
Blockchain Product Lead
Kevin Wang started his career managing a $15 million endowment fund while at Stanford before joining and starting multiple early-stage startups in fintech and crypto. He began investing in cryptocurrency in 2012 and subsequently thereafter learned to program smart contracts in solidity. He now manages a team of engineers as a product launch specialist with a focus on DeFi and NFT protocols.
"Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”
– Bill Gates
"...a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.”
– Peter Diamandis
"As a registered investment advisor I felt it was important to understand the intricacies of blockchain technology and cryptocurrency. After meeting with Robert and Michael, I not only undertood, but was excited to participate and relay my new found knowledge to friends and clients."
– Maria Castillo
Founder, Beta Capital Management
"Robert and Michael show an intuition and wisdom far beyond their years. If anyone in finance has a clear vision of the future of blockchain, it's these two."
– Wayland Hicks
Former CEO of Nextel and COO of Xerox