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

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, I’m an owner of XRP. I’m an owner of Bitcoin, Bitcoin Cash (BCH), Tezos (XTZ). I’m an owner of Aragon (ANT).

I’m a believer. I think it’s happening – it’s coming. It’s 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 Bitcoin’s 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 digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/abriendomundo

The post Billionaire Entrepreneur Tim Draper Unveils Crypto Holdings, Says Portfolio Includes Bitcoin, XRP and Beyond appeared first on The Daily Hodl.