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Cryptocurrency VC firm Tiger Global has reportedly seen a significant decline in the value of its holdings in NFT marketplace OpenSea (OpenC) and the popular NFT project Bored Ape Yacht Club (BAYC). According to sources, Tiger Global's holdings in OpenSea have decreased by 94%, while its holdings in BAYC have dropped by 69%. As a result, the firm has experienced a book loss of 18% as of the end of September. Tiger Global, a major player in the crypto investment space, manages funds worth approximately $50 billion. This highlights the volatility and risks associated with NFT investments. 📉💰🦁 #NFT #TigerGlobal #OpenSea #bayc

Cryptocurrency VC firm Tiger Global has reportedly seen a significant decline in the value of its holdings in NFT marketplace OpenSea (OpenC) and the popular NFT project Bored Ape Yacht Club (BAYC). According to sources, Tiger Global's holdings in OpenSea have decreased by 94%, while its holdings in BAYC have dropped by 69%. As a result, the firm has experienced a book loss of 18% as of the end of September. Tiger Global, a major player in the crypto investment space, manages funds worth approximately $50 billion. This highlights the volatility and risks associated with NFT investments. 📉💰🦁 #NFT #TigerGlobal #OpenSea #bayc

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