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Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI
Bitcoin Press Release:
Estonian Fintech investment firm Yolo exits with Coolbet sports betting operator, recording 5.8x ROI. The deal was the first start-to-exit investment for Yolo Investments.
15th December 2020, Tallinn, Estonia – Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.
“This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.”