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It's no secret that cryptocurrency exchange Coinbase's IPO made a lot of people money, but one surprising winner was Nas, the iconic east-coast rap icon.Apr 16, 2021 So, I really, really, really hop Nas decided to sell at some point in the last year. divId: 'div-gpt-ad-rightrail-3', A quick insight on just how much money the two might have made was shared by Newsweek: Based on the price of Coinbase shares at the timearound $1 according to CoinDeskit means Nas could. All Rights Reserved. Bill Gates doesn't own cryptocurrency because he likes investing in things that have valuable output, he told readers on a Thursday ask me anything Reddit thread. Coinbase soars in market debut, valued near $86 billion subcat: '', You'll be asked for the following information. That value could also rise to $43.7 million and $218.5 million, respectively, if Coinbase shares trade at investment bank DA Davidson's new price target of $440 . The stock peaked at $429. display: none !important; Through QueensBridge, Nas made an investment in Coinbase back in 2013 when the trading platform was only around one year old. In addition to Bitcoin, Ethereum, Tether, Dogecoin, and other well-known coins, more than 7,000 cryptos are now trading on more than 300 exchanges globally. Nas Will Make $100+ Million On Wednesday's Coinbase IPO Millionaire Rapper Snoop Dogg Invests in Billion Dollar Fintech Klarna. Coinbase's stock surges to $400 in first day of trading - CBS News New user incentive | Coinbase Help Nas brags about Coinbase and crypto wealth in new track - Cointelegraph At the share price of. Coinbase, a San Francisco startup that allows people to buy and sell digital currency, became the first major cryptocurrency company to go public when it made its stock market debut on Wednesday.. At the share price of $415 that the stock reached minutes after trading began, those shares were worth between $41.2 million and $206 million. This means Durant's stake will have increased 6,150 percent, Marketwatch reports, though it is unclear how much the sports star put in. 30. Other celebrities, like basketball player Kevin Durant, have also invested. The latest in injuries draws further concern to the NBAs shortened 2021 season. Ring is currently owned by Amazon. One year later, the pair did it again on "Success" from Hov's 2007 album American Gangster where Nas famously told the world, "Google Earth Nas, I got flats in other continents." related . How many shiba inu millionaires are there? Is Coinbase Stock A Buy Right Now After Hitting An All-Time Low? }, 9 six = .hide-if-no-js { Coinbase goes public with a nearly $100 billion valuation Nasir Jones' QueensBridge Venture Partners invested in 2013. Long crypto forever. in sickness & in health. (Video) Nas And Kevin Durant Make Multi-Millions Overnight From Coinbase Debut, (Video) Nas - Rapper Turned Investor | Makes Over $100 Million On Coinbase Investment | Nicky And Moose, (Video) Nas Made $100 Million From Coinbase, (Video) Nas made 200M with Coinbase IPO | How was made $200,000,000, (Video) Kevin Durant And Nas Made How Much From Coinbase??? 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Queensbridge revealed it was an investor in Coinbase back in 2013, when it helped raise $25 million in a Series B funding round. Nas and basketball star Kevin Durant are known to have invested sums of money in Coinbase years ago back when its valuation was a fraction of what it is now. Create your account. After the track was briefly unavailable on streaming services. Yuliya Christensen/Getty Images. Coinbases debut on the Nasdaq on April 14 at the $100 billion valuation will mark the first official juncture between the traditional financial avenue and the alternative crypto path, according to Swissquotesenior analyst Ipek Ozkardeskaya. Rapper Nasir Jones, known better as Nas, has emerged as an unlikely winner in today's Coinbase IPO. U.S. rapper Nasir Jones (better known by his stage name, Nas) is among the fortunate few to have made early investments in Coinbase, the cryptocurrency exchange expected to reach over $100 billion in valuation when its COIN stock lists on Wednesday. You may opt-out by. The market value of the rapper has thus also shot up. Fans are divided about the reference in his new song. Following the initial public offering, Nas's shares are worth nearly $33 million. As such, we believe that Shiba Inu Coin (SHIB) is a good investment, especially in the long run. who took home $35 million. Privacy Policy When QueensBridge invested in Coinbase, cryptocurrency was still a nascent industry and presented sizable risk (it still does, to be fair). About With Coinbase shares being around $1 at the time of his early 2013 investment, if Nas purchased 500,000 shares, he could be seeing a return of around $165 million. His investment group, QueensBridge Venture Partners, jumped on a Series B investment for Coinbase back in 2013, when the company raised $25 million. But his business partner Anthony Saleh previously told CNBC that the group tends to invest between $100,000 to $500,000 in a startup. These companies include direct-to-consumer mattress company Casper, ticket reseller SeatGeek, digital media brand Genius, ride-sharing service Lyft, and personal cloud storage service Dropbox to name a few. window.tude = window.tude || { cmd: [] }; Feel like getting on touch or staying upto date with out latest news and updates? Back then, it was worth roughly $143 million. Ring is a home security company that manufactures security cameras and doorbells. Some bulls are projecting a valuation at $100 billion or better, which would make it bigger. Nas invested in Coinbase through his portfolio company Queensbridge Venture Partners. @IanAllison123 reportshttps://t.co/sJC1Gcgv13. Base is an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone, anywhere, to build decentralized apps. Happy BTC days to come. Note: We don't recommend accessing Coinbase through a browser on your mobile device. QueensBridge makes early-stage investments between $100,000 and $500,000, according to co-founder Anthony Saleh. There were no people, no brand name just a QR [] Armstrong owns a stake of about 19% in Coinbase, and his estimated net worth is $14.7 billion. 37. Who is the youngest crypto billionaire? For Nas, the two songs will be released as tiered NFTs: for example, $50 gets you a gold NFT of 'Ultra Black' with a 0.0143% share of its streaming royalties, but if you shell out $4,999 for a diamond NFT, you'll get 2.14% of its royalties. That round valued the company at about $150 million according to Pitchbookless than 1% of its value today. heads and hip hop fans alike with his new Jay-Z/ DJ Khaled collaboration, Sorry Not Sorry. Rapper Nas has built an expansive investment portfolio spanning more than 100 companies, from fintech to mattresses. His latest deal is more personal than most. One fan tweeted that Nass offending line immediately enters the Nas tech talk lexicon right alongside Google Earth Nas, I got flats in other continents. Coinbase made one of the most confusing Super Bowl commercials of 2022 and, perhaps, all time. Black Men XCEL Rapper Nas And Kevin Durant Made Major Bank On Epic Coinbase IPO How do you make millions with cryptocurrency? 8 7 = .hide-if-no-js { There is a reason why rapper Nas will be worth $100 million from his initial investment in Coinbase. 6. env: 'prod', That flat fee depends on the transaction amount and is laid out by Coinbase on its fee page. SOPA images. cat: 'money', After all, money is his honey. ABOUT Since then, Coinbase has been listed on the NASDAQ. Forks and airdrops may not make you rich overnight, but they're a great way to accumulate excess cryptocurrency, which can help you build long-term wealth. His foray into venture investing was born back in 2013 when he made a six-figure investment in a defunct media brand called "Mass Appeal." Nas has invested in a number of varied start-ups through his investment firm QueensBridge Venture Partners. This has helped Coinbase secure nearly $540M in equity financing from some of the biggest-name VCs, and vaulted the company into the unicorn club.. , some fans see it as a misguided attempt from both rappers to capture 2021s zeitgeist while flexing their personal wealth. I have a few contracts running and coinbase please prove a valid account_id bitcoin isnt the future of money me paymants every day. div_id: 'div-gpt-ad-rightrail-3', page_type: 'article', Brian Armstrong Coinbase went public in a direct offering on Nasdaq on April 14, 2021, briefly reaching a market capitalization of $100 billion. After Coinbase went public on Wednesday, its shares closed at $328 on the opening day leading to a company valuation of over $85 billion, Newsweek reports. I guess its what Nas calls cryptocurrency Scarface. Nas' Early Coinbase Investment Could Reportedly Net Him - Complex Another jibed that he almost broke [his] thumb turnin it off: Nas called himself the crypto currency scarface and I almost broke my thumb turnin it off https://t.co/xlbFUCqLeZ, PrThegreat609 (@CoachPr_NJ) April 30, 2021. Here's a quick explanation of maker and taker orders. Nas invested between $100,000 and $500,000 dollars through his company QueensBridge Venture Partners during an investment round in 2013, reported Forbes. How much working capital do I need when buying a business? display: none !important; Considering this, How much money did Coinbase make from the Super Bowl? Like previous years, JAY-Z took the number one spot, netting $76 million, followed by Diddy, who took home $64 million. aid: '713496', 2023 Hypebeast Limited. kw: 'mandc,kevin-durant,nas', All Rights Reserved. The company will go public on the NASDAQ stock exchange through a "direct listing". U.S. rapper Nasir Jones (better known by his stage name, Nas) is among the fortunate few to have made early investments in Coinbase, the cryptocurrency exchange expected to reach over $100. Some of QueensBridge's biggest hit investments include. targeting: { But at the current moment, Shiba Inu is aiming to be the next Bitcoin in the crypto market. Long crypto forever. in sickness & in health, Jones tweeted this morning, just hours before Coinbase started trading. Rap Icon Nas Could Net $100M When Coinbase Lists on Nasdaq - Yahoo divId: 'div-gpt-ad-rightrail-1', Nas didn't invest in Coinbase directly, as his investment was made via his portfolio company Queensbridge Venture Partners. Coinbase Brought Crypto to Main Street. Now Brian Armstrong Wants to Be and Genius, since the rapper founded it in 2013. In 2015, Durant told ESPN's Fantasy Football Focus podcast: "I would definitely love to own a team, you know hopefully one of these years, toward the end of my career.". How much did Chamillionaire sell his app for? If Coinbase takes things further and shares trade at DA Davidson investment bank, the price could go up to $440, bringing QueensBridge payout to $43.7 million to $218.5 million. How Some Investors Made 6,567% on the Coinbase IPO - Money Morning page_type: 'article', Hypebeast is a registered trademark of Hypebeast Hong Kong Ltd. Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more. Talks about #seo, #writing, #freelance, #crypto, and #remotework. Photo Credit: Coup dOreille. That . Passing Tyler Ninja Blevins with over 270,000 subscribers. With Coinbase shares being around $1 at the time of his early 2013 investment, if Nas purchased 500,000 shares, he could be seeing a return of around $165 million. Rap legend @Nas is on the @coinbase cap table. It has just reported preliminary results for the first quarter of 2021, with revenue surging to US$1.8 billion. A Surprise Winner From Coinbase's Direct Listing? Rapper Nas You may have more than one ad-blocker installed. aid: '713496', tude.refreshAdsViaDivMappings([ { QueensBridge makes early-stage investmentsbetween $100,000 and $500,000, according toco-founder Anthony Saleh. However, there was a new name on the list: legendary rapper Nas. "My photo the Jordan logo of this rap s," raps Nas on 2021 . The minimum amount needed to buy cryptocurrency on Coinbase is $2. In April last year, the Shiba Inu market cap barely registered anything but in April 2022 there are well over 1,000 Shiba Inu wallets valued at over $1 million. Since Jay-Z also mentions his investment portfolio, some fans see it as a misguided attempt from both rappers to capture 2021s zeitgeist while flexing their personal wealth. How much money did Nas make on Coinbase? }, one + 8 = .hide-if-no-js { At the lower end of this range, Durant's 2017 investment would now be worth $15.3 million. How many shiba inu millionaires are there? Jones QueensBridge Venture Partners was an early backer of Coinbase, joining the companys $25 million Series B round in 2013. On average, the trading cost will be around $0.00004379. However, there was a new name on the list: legendary rapper Nas. 0 Hypes. Nas has started several business ventures outside of music, including Queensbridge Venture Partners, and has invested in Lyft, Robinhood, and PillPack. Long crypto forever. Coinbase Launches Base: Building a New Bridge to DeFi The Coinbase IPO is going to make a bunch of company insiders and early investors extremely rich. Nuseir Yassin (Arabic: ; Hebrew: ; born9 February 1992) is an ArabIsraeli vlogger who is most notable for creating over 1,000 daily one-minute-long videos on Facebook, TikTok and Instagram under the page Nas Daily. cat: 'money', div_id: 'div-gpt-ad-rightrail-1', The return on investment could help Durant move closer to his goal of owning an NFL team at some point in the future. Coinbase Says at Least 6,000 Customers Had Funds Stolen From Accounts Freelance Writer & Marketing Writer At that point a single Bitcoin cost around $130. Nas 'King's Disease' Concert at Madison Square Garden: Review - Billboard
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