Rose-Hulman Receives First Cryptocurrency Gift
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe Rose-Hulman Institute of Technology has received its first cryptocurrency gift. Koushik Subramanian, who graduated from Rose-Hulman in 2006 and currently serves on its board of trustees, has gifted the school $50,000 in cryptocurrency that will be used to establish the Subramanian Fund for Advancing Technologies in Digital Assets.
The funding will also support the institute’s department of computer science and software engineering, as well as cross-disciplinary projects involving other majors.
“I’ve been fortunate in my career because of my education at Rose to be a thought leader in cybersecurity and digital assets,” said Subramanian. “Knowing what I know now through my career, I have a high degree of confidence that this field is here to stay.”
Subramanian has worked as director of information security for San Francisco-based Kraken, a cryptocurrency exchange and bank, since 2018.
Rose-Hulman says Subramanian has spent much of his career working in digital finance, specifically in cybersecurity. Most recently, he worked in digital assets and blockchain technologies like cryptocurrency, non-fungible tokens and smart contracts.
“I truly am looking forward to seeing the impact of Koushik’s gift, both in how it benefits our students and Rose-Hulman long term, but also in how it may help pave the way forward into a world where the possibilities are seemingly endless,” said Rose-Hulman President Robert Coons. “Cryptocurrency is just one form of these new technologies, so it will be exciting to see what other new and creative ways our alumni will discover to continue giving back to Rose.”
Earlier this year, Subramanian founded drophouse.art, which combines art, fashion and crypto. Two years earlier, Rose-Hulman says he founded Kopper Labs to deploy capital to accelerate automation, blockchain and cybersecurity technology.