An investment fund from the United States was able to make extraordinary money on the growth of the bitcoin rate by investing in Coinbase several years ago. Initial investments have risen in price by 920 times.

Union Square Ventures acquired a stake in Coinbase in 2013. By that moment, fund manager Wilson had a reputation as a successful investor in technology companies. His additions included Twitter and Tumblr in the early stages of their development, which made it possible to capitalize on their continued growth in value.

Wilson made the decision to buy a stake in Coinbase at the stage of attracting a venture capital investment worth $5 million – the price of 20 cents per share and the valuation of the entire company at 20 million. Coinbase specializes in organizing trading in cryptocurrencies, mainly Bitcoin and Etherium, and also provides users with the services of saving cryptocurrencies in special wallets.