Vaynerchuk has been one of the biggest backers of blockchain through the years. In 2017, before the crypto hype became the frenzy it is today, he admitted in a post on social media that he owned Coinbase Global, Inc. (NASDAQ:COIN), the crypto exchange that went public in April one of the biggest IPOs of the year so far. In a chat with Cheddar News in March, he said that Bitcoin, the most popular cryptocurrency, had gained legitimacy with the public but now faced a regulator challenge from governments.