Billionaire Entrepreneur Tim Draper Unveils Crypto Holdings, Says Portfolio Includes Bitcoin, XRP and Beyond

Thursday 24 September 2020, 7:53 AM AEST - 4 weeks ago

Bitcoin bull and tech venture capitalist Tim Draper says his crypto portfolio includes Bitcoin, XRP and a number of additional altcoins.

In an interview at the investor conference held by private sector liquidity provider Linqto, Draper shares the names of the top crypto assets that he owns.

Yes, Im an owner of XRP. Im an owner of Bitcoin, Bitcoin Cash (BCH), Tezos (XTZ). Im an owner of Aragon (ANT).

Im a believer. I think its happening – its coming. Its so important for the world, and I want the world to know it, and I want other people in the world to get on board.

In 2019, the legendary investor revealed that he owns 30,000 BTC, which he bought at a price of $632 per coin in 2014. With Bitcoins price hovering around $10,500 at time of writing, his BTC trove is worth $315 million, representing an increase of over 1,500% from his initial investment.

Earlier this year, Draper said he made a $1 million bet on the Ethereum-based platform Aragon – a crypto project designed to enable users to create and manage a decentralized organization.

The investor purchased one million ANT tokens, the cryptocurrency powering Aragon, effectively giving him control of 2.52% of the total supply. His investment reflects his belief that Aragon has the potential to change the way organizations handle disputes and issues of governance.

According to the latest data from CoinMarketCap, Aragon is trading at $3.30, up 725% year-to-date.


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or ...

Read full story on The Daily Hodl

Disclaimer: The views expressed in the articles are those of the contributors or partners who contract with the editors and publishers and are not the view of the editor and publishers