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NBA star Kevin Durant and his company Thirty-Five Ventures have officially entered into a strategic partnership with cryptocurrency exchange platform, Coinbase. As a part of the multiyear deal, the.
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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.
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Kevin Durant is scheduled to make a fortune with one of his investments. The Nets star’s stake in Coinbase is now worth 62.5 times its purchase value. KD is currently in his 14th NBA season. According to Spotrac, the 2-time Finals MVP has made roughly $263 million through the course of his career.
Durant’s firm first invested in Coinbase in 2017, joining a US$100 million funding round, and the two sides built their relationship from there. The former Most Valuable Player, who has won two NBA championships with the Golden State Warriors, started meeting with founders and investors in Silicon Valley’s tech sector in 2016, during the .
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Kevin Durant signs deal to promote crypto platform Coinbase .
"Kevin Durant's Coinbase investment could exceed $30 million .
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In return, Coinbase will launch NFTs, put together digital ads, donate to Durant’s charity foundation and sponsor crypto base content. This is not Durant’s first deal with the company. In 2017, he participated in the company’s Series D funding, which totaled $100 million at a $1.6 billion valuation.
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Kevin Durant combines investment and endorsement in deal with .
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Kevin Durant Is the Face of Crypto Platform Coinbase HYPEBEAST
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Kevin Durant's 5 most successful investments
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Durant and Kleiman in fact began investing in Coinbase four years ago. Its value jumped dramatically — an estimated 54-fold — when its stock went public back in April. It’s dropped a bit since. KD.
Kevin Durant and his company Thirty Five Ventures signed a multiyear promotional deal with Coinbase Global. Durant will become a prominent face of Coinbase, which will provide ads and sponsored.
Kevin Durant, Rich Kleiman Sign Promotional Deal With Coinbase
The value of KD’s 2017 investment in Coinbase is up 54-fold based on the price. The stock peaked at $429 during the day. It is the biggest investment score yet for Durant’s company, Thirty Five.
Kevin Durant scores huge return on Coinbase investment
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Kevin Durant Scores With $86 Billion Coinbase Valuation
Coinbase investor and NBA star Kevin Durant deepens ties to .
Coinbase ($8 billion) Acorns is not only the financial-technology company Durant set his eyes on. Last but not the least, Coinbase is an online digital-currency platform that uses Bitcoin for its .
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