Поділитися цією статтею
BTC
$111,691.03
+
1.55%ETH
$2,663.72
+
2.92%USDT
$0.9999
-
0.03%XRP
$2.4381
+
1.29%BNB
$685.78
+
1.31%SOL
$181.59
+
3.84%USDC
$0.9997
-
0.01%DOGE
$0.2479
+
3.72%ADA
$0.8136
+
4.62%TRX
$0.2745
+
1.90%SUI
$3.8770
-
2.19%HYPE
$33.30
+
15.58%LINK
$16.79
+
3.16%AVAX
$25.41
+
8.02%XLM
$0.3050
+
3.23%SHIB
$0.0₄1556
+
3.57%BCH
$445.96
+
7.57%HBAR
$0.2052
+
2.91%LEO
$8.8878
+
0.55%TON
$3.1743
+
1.66%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Jay-Z Adds Incubator to Portfolio of Blockchain/Crypto Investments: Report
The rap singer and mogul has invested in a tech firm that focuses on the metaverse and building blockchain-based products.

Jay-Z knows diamonds are forever, but what about crypto? The hip-hop legend and business mogul’s Marcy Venture Partners (MVP) is adding spatial LABS (sLABS), a metaverse and blockchain-based tech incubator, to his growing list of crypto investments, according to a report from Billboard.
- Founded by 24-year-old entrepreneur Iddris Sandu, next year sLABS will launch its first product, “LNQ,” a blockchain-enabled hardware platform that helps onboard young creators to the metaverse, Billboard reported.
- This is not MVP’s first blockchain/cryptocurrency investment. Others include blockchain developer Alchemy; French hardware wallet and security infrastructure startup Ledger; and ₿trust, a trust with an initial endowment of 500 bitcoin (currently worth almost $58 million) created in partnership with Square CEO Jack Dorsey to fund bitcoin development in Africa and India.
- In May Jay-Z also invested in the $19 million Series A round for Bitski, a self-described “Shopify for NFTs,” or non-fungible tokens.
- Jay-Z also sits on the board of directors of Square, which allows users to buy and sell bitcoin, after selling his Tidal streaming service to the payments provider last year for $300 million. In August, Dorsey said that Square intended to build a decentralized exchange for bitcoin.
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути Всі Розсилки
Read more: Jay-Z to Auction ‘Reasonable Doubt’ NFT at Sotheby’s
UPDATE (Oct. 12, 20:00 UTC): Updated with information about Square in the fourth bullet point.
Eli Tan
Eli was a news reporter for CoinDesk who covered NFTs, gaming and the metaverse. He graduated from St. Olaf College with a degree in English. He holds ETH, SOL, AVAX and a few NFTs above CoinDesk's disclosure threshold of $1000.

Головне