Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Rain075 on June 11, 2021, 05:21:32 PM

Title: Reddit Co-Founder Says 'A Lot' of His Holdings Are in Ethereum
Post by: Rain075 on June 11, 2021, 05:21:32 PM

Reddit co-founder Alexis Ohanian revealed last year that cryptocurrencies represent a portion of his investment portfolio. His venture capital firm, Seven Seven Six, has since participated in a $5 million funding round for Bitcoin rewards app Lolli and invested in blockchain infrastructure firm QuickNode.But where does Ohanian put his own money?
At least partially in Ethereum.
"I do think Ethereum [has], at least for the next year or two, really got the most to prove, or at least the most potential to show something because there are so many interesting applications," Ohanian told Andrew Ross Sorkin on CNBC's "Squawk Box" this morning. "NFTs are just the start of what's getting built on top of the Ethereum blockchain, and that's where a lot of my holdings are candidly.source (https://cryptonews.net/786841/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)