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Kevin Durant scores huge return on Coinbase investment

From nypost.com

Kevin Durant sat out Wednesday night — as his bank account soared. On Wednesday, the Nets star saw his Coinbase investment pay off when the digital currency exchange platform hit the public markets with a whopping $86 billion valuation. It marks Durant’s largest investment victory to date with his Thirty Five Ventures company. The cryptocurrency stock closed at $328.28 in its first day of trading, following a mid-day peak at $429. Durant initially invested in Coinbase in 2017, making his investment worth 54-fold after Wednesday’s news, according to Sportico. Since 2017, he has invested in around 50 startups. In a ... (full story)

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