Last updated:November 18, 2024, 6:46 PM IST

His journey from an IIT dropout to a cryptocurrency investment pioneer is motivating.

The purpose of this cryptocurrency hedge fund is to invest in digital assets.

Millions of Indian students aspire to get admission in esteemed universities like IITs. Many people still leave IIT to achieve their goals despite this. Rahul Rai is one such candidate, who dared to abandon his engineering studies in the middle of his studies to pursue his passion. He left IIT Bombay in 2015 to pursue a Bachelor of Science in Economics at the Wharton School in America. Rahul started working at Morgan Stanley in 2019 after graduation. He became an analyst for Foreign Exchange (FX) Macro Hedge Funds there. However, he resigned from his position in 2020, made a new resolution and took the decision to go back to India. The use of cryptocurrencies gained popularity in India when Rahul returned. He became more interested in blockchain technology and digital assets. He saw potential in this field and did a lot of research in it.

In January 2021, Gamma Point Capital was established. Rahul, his friends Ish Aggarwal and Sanat Rao co-founded Gamma Point Capital. The purpose of this cryptocurrency hedge fund is to invest in digital assets. The business immediately became well-known and held a significant position in the cryptocurrency sector as a result of Rahul’s vision.

Major players in the cryptocurrency space took notice of Gamma Point Capital’s performance. BlockTower Capital paid Rs 286 million ($35 million) to acquire the business in May 2021. Rahul and his group believed that by making this choice, they would achieve financial success that would match years of painstaking work. Rahul Rai is currently employed at BlockTower Capital as Co-Head of Market-Neutral. The company runs a multi-strategy hedge fund that makes investments in blockchain technology and cryptocurrency wealth.

Rahul’s path serves as proof that life can reach new heights when one pursues one’s goals and adapts to changing circumstances. His journey from an IIT dropout to a pioneer in the cryptocurrency investment space is motivating for any young person with ambitions