{"id":47782,"date":"2021-08-17T09:57:34","date_gmt":"2021-08-17T06:57:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47782"},"modified":"2025-09-01T23:03:35","modified_gmt":"2025-09-01T20:03:35","slug":"tiger-global-buys-2-6-million-coinbase-shares","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tiger-global-buys-2-6-million-coinbase-shares\/","title":{"rendered":"Tiger Global buys 2.6 million Coinbase shares"},"content":{"rendered":"<p>The investment firm Tiger Global, with assets under management of $79 billion, holds 2,625,294 Coinbase shares, according to the <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001167483\/000091957421005372\/xslForm13F_X01\/infotable.xml\">on the SEC site<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The Coinbase stake in Tiger Global&#8217;s portfolio is worth $674.25 million at the current COIN share price.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"514\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8-1024x514.png\" alt=\"Tiger Global buys 2.6 million Coinbase shares\" class=\"wp-image-145943\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8-1024x514.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8-300x151.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8-768x386.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8-1536x772.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Coinbase-8.png 1690w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>COIN shares are trading at around $256.83. Data: <a href=\"https:\/\/finance.yahoo.com\/chart\/COIN#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...\",\n  \"<\/figcaption><\/figure>\n<p>In 2018, Tiger Global led Coinbase&#8217;s Series E financing round, which raised $300 million. At the time, the company&#8217;s valuation was $8 billion.<\/p>\n<p>In April 2021, <a href=\"https:\/\/forklog.com\/en\/news\/coinbase-shares-begin-trading-on-nasdaq-market-capitalisation-tops-100bn\">Coinbase began trading on Nasdaq<\/a>. The company&#8217;s market capitalization exceeded $100 billion.<\/p>\n<p>Earlier in April, Tiger Global <a href=\"https:\/\/forklog.com\/en\/news\/indias-cryptocurrency-exchange-coinswitch-kuber-has-attracted-25-million-from-tiger-global-management\">invested<\/a> $25 million in the Indian cryptocurrency exchange CoinSwitch Kuber.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tiger Global owns 2,625,294 Coinbase shares worth $674 million.<\/p>\n","protected":false},"author":1,"featured_media":47783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,1211,2234],"class_list":["post-47782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-stock-market","tag-tiger-global"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=47782"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47782\/revisions"}],"predecessor-version":[{"id":47784,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47782\/revisions\/47784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/47783"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=47782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=47782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=47782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}