Kevin Durant may have earned $53 million dollars on the Coinbase IPO | Bob's Blitz

Kevin Durant may have earned $53 million dollars on the Coinbase IPO

Brooklyn Net Kevin Durant invested in Coinbase in 2017 so his investment is now worth 53x more following the company's IPO.

 It isn't known just how much Durant invested in Coinbase but he has made million-dollar investments in the past such as his $1 million investment in Postmates before its sale to Uber UBER, 2.36% in 2020. 

A $1 million investment in Coinbase in 2017 would be worth over $53 million today. 

COIN opened at $409 yesterday and is currently down strongly to $323.50