From up the chain to the top: What do the biggest names in the coin industry look like

In the wild stage of any industry, there are always pioneers who use the original stage of getting up early to stir things up and become new billionaires, and when they become new powerful people, their lifestyle often becomes mysterious and luxurious. Luxury homes are a symbol of their wealth and status.

Over the years, the explosive growth of the cryptocurrency market has created a group of wealthy upstarts. The biggest names in the cryptocurrency industry have accumulated huge wealth through turbulence. Their wealth is not only reflected in digital wallets, but also turned into top luxury homes in the real world. Unlike traditional financial bosses, newcomers in the coin industry are often younger and more daring to show their wealth, and luxury homes have become the best stage for them to show their success.

From 2020 to 2025, the global luxury housing market continued to heat up due to privacy needs and low inventory after the pandemic, and the biggest players in the coin industry took advantage of the opportunity to buy many sky-high properties. These luxury homes not only have excellent locations and luxurious designs, but also often have high-tech facilities, which perfectly meet the extremely high requirements of people in the coin industry for privacy and security.

Below, we'll focus on the luxury property deals of several famous people in the cryptocurrency industry, sort out their prices, locations, and unique features, and take a look at their luxury homes.

Inventory of luxury homes by the biggest names in the coin industry

EOS founder BB: $172.8 million Italian mansion

Brendan Blumer is the CEO of EOS parent company Block. One and Chairman of Bullish. He founded Gamecliff, an automated trading platform for online game virtual items at age 14, launched Okay.com in 2010 to create a collaborative data sharing ecosystem for the Asia-Pacific real estate market, and later developed into the largest digital real estate agency in Hong Kong.

In 2017, he co-founded Block.one with Dan Larimer (BM), dedicated to blockchain technology research and development. Since founder BM left his job, Block.one's core team has almost all been BB's people.

In March 2025, the Italian media “L'Union Sarda” reported that he bought the Romazzino (Romazzino) villa for a record 160 million euros (about 172.8 million US dollars). Apart from Villa Certosa (Villa Certosa), this deal is the most expensive transaction in the history of real estate in Sardinia and Italy.

This villa in Romazzino (Romazzino) is one of the most luxurious mansions on the Costa Smeralda (Costa Smeralda) and is the former home of former Saudi oil minister Ahmed Zaki Yamani (Ahmed Zaki Yamani).

Surrounded by 350 metres of coastline, the mansion covers an area of 2.3 hectares and has 28 bedrooms, 35 bathrooms, spacious terraces, 2 private beach entrances, 2 exclusive piers, 3 swimming pools, and approximately 23,000 square meters of gardens and supporting facilities.

Big Brother Maji: $25 million Los Angeles Bird Streets mansion

Huang Licheng, also known as “Big Brother Ma Ji,” is a former rapper and tech entrepreneur. In 1991, Huang Licheng became famous as a founding member of the pop/rap trio group LA Boyz. LA Boyz was active in the early to late 90s, released 13 albums and became popular in Asia, and eventually disbanded in 1997. After the success of LA Boyz, Huang Licheng founded the hip-hop group “Machi (Machi)” in 2003 and became successful again.

In 2017, Huang Licheng began entering the cryptocurrency sector with Mithril (Mithril). “Big Brother Ma Ji” was one of the earliest NFT players with a certain trading scale and is also a major BAYC player. His transaction frequency, NFT holdings, and sale prices will all have a certain impact on the NFT trading market and the floor price of blue-chip NFTs such as BAYC.

In June 2023, Huang Licheng purchased a luxury home in the famous Bird Streets neighborhood of Los Angeles for $25 million. The luxury villa has 14,000 square feet of spacious space, facilities such as a wine room, marble bar, and large gym, and has 5 bedrooms and 8 bathrooms.

This mansion on Bird Streets was initially sold for $34 million and was just completed in early 2022, but according to photos, Big Brother Ma Ji took it in at about 75% below the asking price a year later, and became neighbors with other celebrities such as Hon Hai Group founder Guo Taiming, the Winklevoss brothers, and LVMH Group CEO Bernard Arnault.

Coinbase CEO: $133 million LA mansion

Brian Armstrong is the co-founder and CEO of Coinbase. He worked for IBM, Deloitte, and Airbnb in his early years and gained experience in software development and payment systems.

After coming into contact with the Bitcoin white paper in 2010, he developed a strong interest in cryptocurrencies. In 2012, he co-founded Coinbase with former Goldman Sachs trader Fred Ehrsam. Armstrong led Coinbase to grow into the largest crypto exchange in the US. Through direct listing in April 2021, the market capitalization reached 100 billion US dollars. In 2024, Forbes estimated its net worth reached 112 billion US dollars, ranking second in the crypto richest list.

Costing $133 million, the mansion at 10671 Chalon Road, Los Angeles, CA 90077 not only covers nearly five acres, but also includes a 19,000-square-foot main house and a 6,600-square-foot guest mansion with at least 10 bedrooms and 13 bathrooms. The estate is fully equipped, including tennis courts, two swimming pools, a motor court, a home theater, and a spa and gym.

Designed by the respected English architect John Pawson, the villa is known for its iconic minimalist aesthetic. The villa's design uses a “stacked cube” structure, large glass walls and simple interior with spacious oak furniture, creating a modern and comfortable living environment.

The villa originally belonged to Hideki Tomita, the founder of the Japanese job search agency Dip Corporation. He purchased the property for $85 million in 2018 and later sold it to Armstrong for $133 million. The deal is regarded as one of the most expensive single-family housing deals in Los Angeles history.

SBF: Spent over $240 million in 2 years to buy more than 30 luxury homes

FTX founder Sam Bankman-Fried (SBF) quickly built FTX with his deep insight into the crypto market and once developed it into the world's top cryptocurrency trading platform. However, at the end of 2022, FTX suddenly exploded and attracted global attention. SBF was arrested on charges of misappropriation of customer funds, fraud, etc., and became one of the most controversial figures in the crypto industry. After the FTX crash in 2022, SBF's mansion was listed as a bankruptcy liquidation asset and sold at a significant discount in 2023.

In June 2023, FTX creditors released a report alleging that SBF misused customer deposits and spent more than $240 million over two years to buy more than 30 multi-million dollar luxury homes for employees, friends, and family in the Bahamas, including a $30 million purchase of the $16 million “Old Bay Fort Lot A” property called “Albany Orchid Penthouse”.

Orchid Penthouse is a 11,500-square-foot penthouse with 6 bedrooms, more than 6 bathrooms, and worth $30 million. SBF shared it with Nishad Singh, former FTX engineering director, co-founders Gary Wang, Ellison, and other FTX Group colleagues before FTX went bankrupt.

This penthouse is one of only nine ultra-luxury residences. Its most prominent feature is an arched filigree screen that runs through the surrounding terrace of the entire penthouse. The mansion uses Venetian plaster walls, Italian marble decoration, and German engineering doors and windows. The high-tech aspects include a comprehensive home automation system and a secure private elevator.

Additionally, there are curved glass walls and a marble bar, and a combined living room, dining room, library, and office. In addition to the master suite, there are also four en-suite guest bedrooms. The master suite has two bathrooms, double walk-in closets, and a private balcony with a private spa. In addition to the living room and dining room, there is a mosaic-tiled spa on a large terrace.

Curve CEO: $59.25 million two Australian mansions

Michael Egorov is the co-founder and CEO of Curve Finance. The protocol is the leading decentralized stablecoin trading platform on Ethereum, known for its efficient and low-slippery automated market maker mechanism (AMM). Egorov was born in Russia, has a doctorate background in physics, and was involved in quantum computing and cryptographic technology research in his early years.

He worked as a technical leader in the NuCypher project, then switched to the DeFi sector to focus on solving the problem of efficient exchanges between stablecoins. Since Curve's launch in 2020, the platform has quickly become an important part of DeFi infrastructure. Although Egorov himself is extremely low-key, he has had a profound influence in the DeFi community and has repeatedly caused controversy due to his centralized control over the protocol's governance rights.

In May 2023, when Anna Egorova was revealed to be the buyer of Melbourne's 41 million Australian dollar luxury home Avon Court, she set a record for the highest property transaction in Victoria so far this year, but this is not the first time that the partner of Michael Egorov, CEO of decentralized crypto protocol Curve Finance and a partner of crypto mogul Michael Egorov, has made a big deal in the Melbourne luxury home market.

Property records around Shakespeare Grove in the high-end Hawthorn area show that the Russian-born couple already owned a house next to Avon Court, built in 1890 and covering an area of 4251 square meters. This landmark four-story Victorian mansion is connected by elevator and has nine bedrooms, seven bathrooms, a gym, steam room, two swimming pools, a playground, a mini soccer field, an underground garage for ten cars, and six kitchen.

According to records, they purchased this Italian-style two-story five-bedroom mansion - Verona - for $18.25 million in March 2022, with a land area of 1,412 square meters.

The couple's total land holdings in the area have grown to an astonishing 5,663 square meters. This is not the first time that crypto enthusiasts love large plots of land in Melbourne's top postal district. Prior to that, crypto casino founder Ed Craven bought a dilapidated mansion on St Georges Road (St Georges Road) in Toorak (Toorak) for $80 million, with a land area of 7187 square meters.

Huobi founder Li Lin: rent first and then buy Hong Kong luxury homes over HK$1 billion

Li Lin is one of the founders of Huobi Network and one of the earliest entrepreneurs to enter the cryptocurrency sector in China. He has a bachelor's degree in automation from Tsinghua University and a master's degree from the Institute of Automation of the Chinese Academy of Sciences. In 2013, Li Lin founded Huobi, making it one of the world's leading crypto asset trading platforms, and later sold Huobi to Sun Yuchen and completely retreated.

In August 2023, according to Wu's report, Villa C, the largest housing estate-style unit in Kowloon, Hong Kong, was purchased by Huobi founder Li Lin. Ming Pao reports that the property was sold in the form of leasing and then buying, and can be rented for 90 months, or about 7 and a half years. The rental period starts on the 1st of this month, after completing a 7-year and half-year lease period, with the right to renew the lease for 3 months. The subscription price is HK$1 billion, measured at 11,692 square feet of usable area, equivalent to 85,85 factual square feet $29, if the final buyer exercises $1 billion The yuan subscription right may become a new record for first-hand housing estate-style bungalows in Kowloon at that time.

Summarize

The cryptocurrency industry's luxury home boom is not only a reflection of personal wealth, but also a reflection of changes in the cryptocurrency industry. The crypto bull market from 2020 to 2022 made many people rich overnight, and luxury property transactions surged. However, the collapse of FTX and other platforms in 2022 also turned some biggers' luxury homes into liquidation assets. The boom in buying luxury homes in the coin industry may cool down, but the appeal of top luxury homes will not disappear.

In 2023, global luxury property prices will rise twice as fast as non-luxury homes. Scarcity and low inventory will continue to drive up prices. For up-and-comers in the coin industry, luxury homes are not only a symbol of wealth, but also a way for them to establish themselves in the traditional world.