From their 2018 10-K: $ICE own's 1.8% of Coinbase, now valued at $1.5 billion.pic.twitter.com/34nyvXNoeR
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Here's your friendly reminder that $ICE owns a non-trivial amount of Coinbase equity from a 2015 capital raise valuing $COIN at ~$400 million at the time.
250x return realized in 6 years is not too shabby:https://www.ft.com/content/b6f63e4c-a0af-11e4-9aee-00144feab7de …
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Interesting that it didn’t lead to a listing on ICE sub NYSE
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This is actually a really good point... Wonder what that conversation looked like behind closed doors. I guess a hefty payday was enough to absolve any bad blood.
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