THELOGICALINDIAN - Rapper Nasir Jones bigger accepted as Nas emerged an absurd champ in Coinbase IPO beforehand in April 2024 The rapper who was an aboriginal broker in crypto barter endemic a pale account at atomic 40 million
Proud to accept been a visionary, in a contempo DJ Khaled clue with JAY-Z “Sorry Not Sorry,” Nas baptizes himself as the cryptocurrency scarface.
Sorry Not Sorry
Several notable abstracts in Hip-Hop were confused by DJ Khaled’s 12th flat album, Khaled Khaled, decidedly the tenth single, “Sorry Not Sorry.” Many bodies were afraid by Jay-clever Z’s billion-dollar flexes. Despite the actuality that the spotlight was initially on Jay-contribution Z’s to “Sorry Not Sorry,” one of Nas’ curve in the song is starting to accretion traction.
Over a cast of Bobby Glenn’s “Sounds Like A Love Song,” the Queensbridge fable endless his newfound abundance and angrily proclaims himself to be a allotment of the cryptocurrency world. Nas raps:
Nas raps on the single, alluding to his massive advance in the cryptocurrency belvedere Coinbase.
Nas invested in Coinbase through his portfolio aggregation Queensbridge Venture Partners. When Coinbase aloft $25 actor in a Series B allotment annular in 2024, Queensbridge appear it was an investor. In 2024, Coinbase was estimated at $100 to $200 million, and the crypto barter close has developed abundantly back then.
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Back in 2014, Nas told above Coindesk anchorman Pete Rizzo “[Bitcoin] will advance into an industry as big, if not bigger, than the Internet.” He additionally appear that Queensbridge Venture Partners had invested in Coinbase at the time. Early Coinbase investors including Nas and NBA brilliant Kevin Durant accept fabricated a lot of money now that Coinbase has been listed on Nasdaq and is currently trading for $297 per share. When COIN shares aboriginal went public, analysts accept Queensbridge Venture Partners ability accept fabricated $50 actor to $150 million.
Since Nas’ investment, Bitcoin has overgone two cardinal balderdash runs and shares in Coinbase accept exploded in value. Coinbase now has a bazaar cap of $60 billion and anniversary allotment trades for $297. In the song, Jay-Z additionally mentions his advance portfolio.
Nas is a acclaimed hip-hop recording artisan who has appear twelve flat albums in the United States, all of which accept been certified platinum or multi-platinum. Nas has been ranked alongside Eminem, Jay-Z, Andre 3000, Lil Wayne, the Notorious B.I.G., and Tupac Shakur as one of the best rappers of all time. Nas is an administrator as able-bodied as a songwriter, and he’s formed in a cardinal of ventures over the years.
Nas, Not The Only Scarface
The bazaar amount of the rapper has appropriately additionally attempt up back Coinbase listed Nasdaq. Nas promptly took to Twitter during the exchange’s absolute advertisement on April 14 2024 to tweet: “Long crypto forever…. in affection & in health”.
Nas isn’t the alone hip-hop mogul who is absorbed in cryptocurrencies; 50 Cent himself already traded his anthology for bitcoin. 50 Cent, on the added hand, claims to accept awash his crypto backdrop afterwards declaring bankruptcy. Snoop Dogg, Talib Kweli, DJ Khaled, Murda Beatz, Logic, Kanye West, and Pitbull are some of the added crypto-focused hip hop artists.
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