Cryptocurrency wealth in Sydney's eastern suburbs real estate remains alive and well, with prominent traders recently dropping some big money on homes. 👇
Crypto founder Bryn Solomon recently bought a $6.89m Tamarama home.Bryn Solomon, the founder of the Cayman Islands-based crypto trading platform Mgnr.io, has just spent $6,895,000 in Tamarama.The modernised 1920s home designed by Chapman Architecture was listed late last year with an auction guide of $6.8m to $7.2m.It was bought from Eleanor Cheetham Gammell, from the Small Giants Academy, who’d paid $7.5m in June 2021.
It was marketed as a luxurious contemporary beach house by PPD’s Alexander Phillips and David Tyrell. Solomon, the 35-year-old Adelaide-born crypto investor, had previously been a derivatives trader in Hong Kong and Chicago.His Linkedin shows he recently departed Mgnr, a quantitative cryptocurrency asset manager with arms in market making, discretionary trading, DeFi yield farming, and venture capital, for private trading based in Singapore.Staying in Tamarama and with crypto, Finder.com.
Schebesta’s stated aim was to boost his investment in bitcoin, and live at his $16.85m South Coogee oceanfront castle.
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