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How much did Kevin Durant invest in Coinbase in 2017?

It’s unclear how much Durant invested in Coinbase back in 2017, but he has made million-dollar investments in the past, including a $1 million investment in Postmates before its sale to Uber UBER, +0.84% in 2020. A $1 million investment in Coinbase in 2017 would be worth over $53 million today.

How did nas and Kevin Durant invest in cryptocurrency?

Two-time NBA champion Kevin Durant just joined rapper Nas in earning huge payouts from their early investments in the cryptocurrency trading platform Coinbase. 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.

Who is Kevin Durant?

Kevin Durant is the new face of Coinbase, a cryptocurrency trading platform. Basketball star Kevin Durant and his company Thirty Five Ventures have signed a multiyear deal with Coinbase Global Inc. to promote the cryptocurrency platform across his businesses. As part of the arrangement, Durant will appear in advertising as a face of the brand.

What is Kevin Durant's biggest investment victory to date?

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.

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