Digital Assets: Coinbase CEO Armstrong Said To Have Splurged $133M On Home In LA

January 4, 2022 | Digital Assets, News, Real Estate
https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-22-29-49-Screenshot-Pawson-2.png

According to the WSJ, the deal closed last month.

An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN) CEO and co-founder Brian Armstrong. The seller: a corporate entity linked to Japanese entrepreneur Hideki Tomita. (CryptoNews)

Brian Armstrong: Salient features of his new property

  • The LA complex was built in 2009
  • Located on four contiguous land parcels totaling 4.6 ac (1.9 ha)
  • Its total surface spans a 25,600 sq. ft (2,378 sq. m) and it includes a large mansion and a smaller guesthouse.
  • The main house, about 19,000 sq. ft, is covered with oak wood, and several glass walls
  • Configured with 10 bedrooms and 13 bathrooms
  • Property includes a movie theater, a gym, two swimming pools, as well as a full-size tennis court
  • Tomita bought the property in 2018 for $85 million

Here are some images of the stunning property.

 

 

 

Related Story: $500M Of Cryptocurrencies (Or More) To Replace Fiat On Coinbase’s Balance Sheet

Images Credit: Screenshots from johnpawson.com

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2022/01/Bink-app-shot.png
FinTech: Lloyds To Acquire Stake In Loyalty App Bink
January 4, 2022     FinTech, News

Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that…

https://dailyalts.com/wp-content/uploads/2022/01/47752022922_e4569a2f0e_c.jpg
Alternative Investments/ESG: VegTech Invest Launches Plant-Based Innovation & Climate ETF

VegTech Invest advisory has launched the VegTech Plant-based Innovation & Climate ETF (Ticker: EATV), its first financial product. The ETF offers exposure to publicly traded companies actively innovating with plants…

https://dailyalts.com/wp-content/uploads/2022/01/Screenshot-2022-01-04-at-18-48-26-超·世界.png
Venture Capital: Chinese AI Startup Parametrix Raises $100M, Turns Unicorn
January 4, 2022     Artificial Intelligence, News, Venture Capital

Chinese AI company Parametrix.ai has raised $100 million in a Series B round led by Sequoia China and joined by existing investors 5Y Capital and Gaorong Capital. Though the valuation…

https://dailyalts.com/wp-content/uploads/2022/01/copy-of-dsc03785-2048x1365-1.jpg
Artificial Intelligence: Danish Company Solum To Use Advanced AI And Robotics For Sorting Waste
January 4, 2022     Artificial Intelligence, News

Danish environmental services company Solum A/S will soon operate a highly advanced waste sorting plant that will use advanced robotics and AI to segregate up to 25,000 tons of mixed…