Wu Blockchain (@WuBlockchain): Tiger Global wrote down the value of its Bored Ape Yacht Club (BAYC) investment by 69% and the value of its stake in NFT market OpenSea by 94%. Tiger…
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Tiger Global wrote down the value of its Bored Ape Yacht Club (BAYC) investment by 69% and the value of its stake in NFT market OpenSea by 94%. Tiger Global also previously wrote down its $38 million investment in FTX to zero. https://www.bloomberg.com/news/articles/2023-11-30/tiger-global-s-biggest-venture-fund-has-18-loss-after-markdowns?utm_content=crypto&utm_medium=social&utm_campaign=socialflow-organic&utm_source=twitter