Zach Bruch

Last updated

Zach Bruch
Zach Bruch.png
Born (1993-10-15) October 15, 1993 (age 32)
Alma mater Golda Och Academy
University of Michigan
OccupationEntrepreneur

Zach Bruch (born October 15, 1993) is an American technology entrepreneur. [1] He is known for founding technology companies, including MyPrize [2] and RECUR. [3]

Contents

Early life and education

Born in New York City, Bruch was raised in a Jewish family in West Caldwell, New Jersey. [4] He attended Golda Och Academy, and later completed his Bachelor's Degree at the University of Michigan, Ann Arbor, where he studied and majored in International Economics and Political Development. [5]

Career

While a student at the University of Michigan, Bruch co-founded Symplenish, a logistics software company, as well as Ann Arbaugh, an apparel company. [6] [7]

Bruch began his career at Kraken, where he helped establish their first over-the-counter (OTC) trading desk. [8] He later joined DRW and became the Head of Sales Trading for the Americas. [8] Following this, he served as Global Co-Head of OTC Trading at JST Capital. [8]

Following the collapse of FTX, Bruch was selected by the U.S. Department of Justice as one of nine representatives on the FTX creditors committee, where he helped recover billions of dollars for himself and the other victims of the FTX exchange's collapse through strategic decisions and transactions. [9]

In 2021, Bruch co-founded and served as CEO of RECUR, a Web3 platform and enterprise marketing infrastructure company that supported public companies including Paramount Global, Sanrio, and Playtika. [10] Under his leadership, the company reached a valuation of over $300 million and secured $50 million in venture capital funding from hedge fund manager Steven A. Cohen, who joined RECUR's board. [11]

Also in 2021, Bruch co-founded and incubated Switchboard, a data and oracle platform for the Solana blockchain and other blockchain networks. [12]

MyPrize

Since late 2023, Bruch serves as Founder and CEO of MyPrize, a social gaming and creator-led entertainment platform backed by Dragonfly Capital. [13]

Recognized as the fastest growing gaming business in the US during 2025, MyPrize combines content creator driven livestreaming and social functionality with free-to-play online games as a next generation entertainment platform. [14] Notably, MyPrize has achieved billions in gross marketplace volume (GMV) and hundreds of millions in revenue just one year following the launch of the platform, which is unprecedented for a gaming technology business. [15]

In 2025, MyPrize raised $21 million, bringing the total amount raised by the company to $38 million, and nearly doubling the company’s valuation to $250 million less than 2 years after founding. [16]

Recognition

References

  1. Chuck Culpepper, "Jim Harbaugh's intriguing and awkward start in Ann Arbor". washingtonpost.com. April 21, 2015. Retrieved February 1, 2025.
  2. Niamh Rowe, "'Gambling has not had its internet moment': Crypto casino MyPrize valued at $140 million after latest raise". fortune.com. March 26, 2024. Retrieved February 1, 2025.
  3. Todd Spangler, "SpongeBob Digital Collectibles Coming? ViacomCBS Jumps on NFT Bandwagon". variety.com. Retrieved February 1, 2025.
  4. Spector, Leslie. "Convenience, At Your Dorm", Detroit Jewish News , August 22, 2013. Accessed October 17, 2025. "Sophomores Zach Bruch of West Caldwell, N.J., Austin Green of West Bloomfield and Zack Neff of Bloomfield Hills came up with this idea halfway through their freshman year and began brainstorming / planning how to pursue it."
  5. Darren Heitner, "Jim Harbaugh Hire Inspires Michigan Juniors To Create New Apparel Business". forbes.com. January 5, 2015. Retrieved February 1, 2025.
  6. "Symplenish: AA Groceries Straight To Your Door". thedailymeal.com. January 12, 2015. Retrieved February 1, 2025.
  7. Lindsey Scullen, "University students apply for rights to 'Ann Arbaugh' slogan". michigandaily.com. January 12, 2015. Retrieved February 1, 2025.
  8. 1 2 3 "JST Capital expands Teams in the U.S. and Asia". varindia.com. August 6, 2020. Retrieved February 1, 2025.
  9. Nicole Goodkind, "One of the largest FTX creditors is trying to recoup millions for victims". CNN. April 1, 2024. Retrieved February 1, 2025.
  10. J. Clara Chan, "Range Media to Give Clients Access to NFT Tech Through Recur Deal". hollywoodreporter.com. January 6, 2022. Retrieved February 1, 2025.
  11. Mark B., "Tech Startup Raises Largest Series A Funding in NFT History". techtimes.com. September 14, 2021. Retrieved February 1, 2025.
  12. "Switchboard raises 3.5MM seed and announces Solana Mainnet Beta". switchboardxyz.medium.com. July 17, 2021. Retrieved February 1, 2025.
  13. Niamh Rowe, "'Gambling has not had its internet moment': Crypto casino MyPrize valued at $140 million after latest raise". fortune.com. March 26, 2024. Retrieved August 5, 2025.
  14. Mateusz Mazur, "MyPrize Secures $21M to Fuel Explosive Growth, Nears $100M Revenue in First Year". usigaminghub.com. August 1, 2025. Retrieved August 5, 2025.
  15. Justin Byers, "Social casino MyPrize valued at $250M after funding round". sbcamericas.com. July 31, 2025. Retrieved August 5, 2025.
  16. Sonja Lindenberg, "MyPrize founder Zach Bruch on building the Coinbase of gambling". next.io. June 28, 2024. Retrieved August 5, 2025.
  17. Nina Bambysheva, "21 Bitcoin And Blockchain Leaders Made Forbes 30 Under 30 List". forbes.com. December 8, 2021. Retrieved February 1, 2025.