By: Norman Dotson Jr./BNC Digital

Grammy Award winner, Nasir Jones is among the few to have made early investments in Coinbase, the cryptocurrency exchange that was briefly worth $100 billion in valuation when its COIN stock listed on Wednesday.

According to Yahoo Finance, Jones’ investment firm, QueensBridge Venture Partners, got into Coinbase’s Series B round back in 2013 when it raised $25 million. Around that time Coinbase was valued at about $143 million.

“Coinbase’s growth has been quite impressive, especially considering the fact that the price of bitcoin has steadily declined for some time now,” according to a report on Pitchbook.

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QueensBridge, which was also a backer of Robinhood in 2013 and later Lyft and Dropbox, makes early-stage investments between $100,000 and $500,000, according to company co-founder Anthony Saleh.

According to a CNBC, QueensBridge is pitched by more than 100 companies per month and invests in only a small fraction of them.