Who tops the crypto billionaire list in 2025? 

At number one is Binance founder Changpeng Zhao. CZ’s fortune is estimated at $62.9 billion. His 90% stake in Binance and massive BNB holdings fuel his wealth. Although he stepped down as CEO in 2023, his dominance in the crypto sector remains unrivaled. 

Second place belongs to Giancarlo Devasini, the financial architect behind Tether and Bitfinex. With a 47% stake in Tether, his net worth climbed to $22.4 billion. As the key force behind USDT liquidity, Devasini quietly wields enormous influence over global crypto trading. 

Brian Armstrong, the CEO of Coinbase, ranks third. His 14–15% stake in the company pushes his fortune between $9.6 billion and $12.8 billion. Armstrong continues to bridge traditional finance with Web3 adoption, making him one of the industry’s most recognized faces. 

Michael Saylor takes fourth place with a net worth of $10.1 billion. Through Strategy (formerly MicroStrategy), he oversees 628,000 BTC worth over $72 billion. His relentless Bitcoin advocacy still shapes investor confidence. 

Ripple co-founder Chris Larsen returned to the list with $7–8 billion in wealth. Thanks to XRP’s recovery and Ripple’s expansion into tokenized assets, Larsen remains an influential voice in payments and regulation. 

Other crypto billionaires shaping 2025 

Stellar founder Jed McCaleb follows with an estimated $2.9 billion fortune. His legacy includes Mt. Gox, Ripple and now Stellar, while he also develops his aerospace startup Vast. 

Mike Novogratz, CEO of Galaxy Digital, holds $2.7 billion. His company manages institutional crypto investments and owns over 17,000 BTC, keeping him a central player in digital finance. 

Barry Silbert, founder of Digital Currency Group, is worth $3–3.2 billion. Early bets on Bitcoin, Ethereum and numerous startups secured his place despite DCG’s past challenges. 

Entertainment-driven crypto wealth appears with Bijan Tehrani, co-founder of Stake.com. His net worth sits at $2.8 billion, built on crypto-powered betting platforms and global sponsorships. 

Finally, Ethereum co-founder Vitalik Buterin holds around 278,000 ETH worth $1.025 billion. While not a CEO, he remains the intellectual leader of Ethereum and Web3’s most influential builder. 

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Armstrong has also supported Senate candidates known for their pro-crypto stances as the US elections approach. These names include former Bridgewater Associates CEO David McCormick, who is running in Pennsylvania, and crypto advocate attorney John Deaton, who is running against Elizabeth Warren in Massachusetts. Armstrong warned crypto investors in Massachusetts that Warren supports SEC Chairman Gary Gensler and is trying to end the crypto industry in the US.

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However, Armstrong has not supported any presidential candidate so far.

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Armstrong’s endorsement of Deaton came as a counter to the incumbent Democratic Senator Elizabeth Warren, whom he criticized for her anti-crypto stance and for appointing Gary Gensler as the chair of the Securities and Exchange Commission (SEC). Armstrong accused Warren of pushing for policies that attempted to stifle the crypto industry in the U.S.

In his endorsement of McCormick, Armstrong highlighted the candidate’s stronger crypto stance compared to his Democratic opponent in Pennsylvania. Both endorsements reflect Armstrong’s focus on advancing policies that support the crypto industry as Coinbase continues to play a prominent role in advocating for favorable regulatory environments.

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Though Armstrong has endorsed Senate candidates, he has not yet endorsed any presidential candidate, stating in August that he expects the next U.S. administration, regardless of the party, to be “constructive” on crypto issues. His company, Coinbase, has gradually become more involved in political advocacy, departing from its earlier “apolitical” stance outlined in Armstrong’s 2020 blog post. This shift was further solidified when Coinbase’s crypto-advocacy initiative, Stand With Crypto, began endorsing political candidates who support crypto-friendly policies in Congress.

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You May Be Interested: The Latest Situation of Crypto Market! – December 20

Armstrong shared five reasons why he believes anti-crypto policies are a bad election strategy. Firstly, he emphasized that 52 million US citizens own cryptocurrency and 38% of young people believe that crypto can boost economic opportunities. Additionally, crypto prices have increased by 90% since the start of the year, yet only 9% of Americans are satisfied with the current financial system.

Armstrong pointed to the non-profit organization Stand With Crypto Alliance, which aims to reach one million supporters defending the crypto industry. However, it should be remembered that Armstrong did not mention the source of the data he referred to.

The Coinbase CEO reminded that the Digital Asset Anti-Money Laundering Act, which is the focus of anti-crypto legislation, aims to bring crypto technology in the US under strict banking regulations. As of December 2023, this bill has been supported by three members of the Banking Committee five senators. The Bank Policy Institute has approved the anti-crypto legislation proposed by Senator Elizabeth Warren.

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This statement Behnam made at the Futures Industry Association Fair in Chicago came after his announcement where he analyzed allegations towards the Defi protocols Opyn, ZeroEx, and Deridex.

Behnam,

“We need to suggest this, be proactive and wait for the victims to suffer and scream for help to ensure that critical market surveillance, strong cybersecurity, and system protections and customer protections are available,” he said.

“If you want kind of analogy, think about whether you would feel comfortable on the road if only a few people had to have a driver’s license, or if given the choice, would you trust your healthcare to an uneducated or unlicensed physician.”

DeFi caught the attention of many people last month and some organizations were criticized by individuals for their sanction actions toward three DeFi protocols.

Coinbase CEO Brian Armstrong last month asked to bring the cases of three people to court, adding that the agency should not create “sanction actions against decentralized (DeFi) protocols”.

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CFTC’s Decentralized Finance Problem

CFTC’s Enforcement Director Ian McGinley described the unregulated decentralized finance exchanges as a “clear threat”.

Ian McGinley, in a conference lecture last month; “The existence of unregulated DeFi exchanges is a clear threat to markets regulated by the CFTC and protected customers, and this is a threat that we take very seriously,” he said.

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