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Reggie Middleton

Founder, Veritaseum

Middleton is an alumnus of the Howard University with a bachelor’s degree in business management.[5][6]

He now resides in New York City with his two sons and daughter.

After graduation from university, Middleton worked for Prudential Insurance and trained in the sale of financial products. Since then, he worked in the fields of financial securities and risk management. He was also a significant investor in residential real estate.

Middleton is known for making predictions about the crash of markets and large financial institutions long before they occur. Aaron Elstein of Crain’s New York Business said “Mr. Middleton has been startlingly accurate in the past. He forecast the collapse of the housing market in 2007, and in early 2008 warned of the demise of Bear Stearns weeks before it happened. Earlier this year, he said that Ireland’s finances were in terrible shape long before Standard & Poor’s got around to downgrading that nation’s credit rating.”[7]

In 2007, he founded Boom Bust Blog, a commercial financial advisory reported to have over 3000 subscribers.[8]

In February 2013, he won CNBC’s first-ever stock draft competition, beating out six other professional traders. He then went on to win the second CNBC stock draft in 2014 by an even larger margin, beating out all other professional participants.

In 2014, he founded Veritaseum, the progenitor of UltraCoin technology. According to Mr. Middleton,[9] UltraCoin exploits modern cryptography in the fields of finance, economics and value transfer to disintermediate legacy financial institutions such as Wall Street banks.