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Bitcoin entrepreneur buys $12.2m Sydney home for his parents

Bitcoin entrepreneur buys $12.2m Sydney home for his parents

Kain Warwick is in line for a son-of-the-year award after he added the Bronte digs to his $33 million housing stockpile.

The contemporary Bronte home of online gambling website founder Joshua Chan sold for $12.2 million to Kain Warwick.  

Bitcoin entrepreneur Kain Warwick is proving to be one of the best buyers in Sydney’s beachside eastern suburbs since the cryptocurrency boom, securing luxury houses from North Bondi to Tamarama and now Bronte for a total of $33.25 million.

The most recent purchase by the 40-year-old founder of derivatives trading platform Synthetix is the Bronte home of online gambling website founder Joshua Chan for $12.2 million – rumoured to be a home for his parents, Allana and Kim Warwick, the latter of whom is the renowned tennis legend and six-time grand slam champion.

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Original URL: https://www.afr.com/link/follow-20180101-p586th