Crypto billionaire Brian Armstrong is ready to invest in CRISPR baby tech
1 min read
Summary
Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, is looking to found a US start-up focused on gene-editing human embryos.
The entrepreneur posted on social media that he was seeking gene-editing scientists and bioinformatics specialists to form a founding team for an “embryo editing” effort.
embryo editing aims to produce humans with genes tailored by design and is an idea that has been stigmatised and underfunded.
Armstrong, who is worth an estimated $10bn, has already ventured into far-out bioscience fields, co-founding New Limit, a life extension venture that raises money to explore techniques for reprogramming old cells into an embryonic-like state.
Scientists working in the field of embryo editing have called for greater transparency from entrepreneurs, and have welcomed the opportunity for increased funding.