Reddit Co-Founder Alexis Ohanian: A Lot of My Crypto Holdings Are In Ethereum (ETH)
Solomon Odunayo
2 min read
Alexis Ohanian, co-founder of Reddit has revealed that Ethereum (ETH), the second-largest cryptocurrency by market capitalization, takes most part of his crypto investment.
Last year, Ohanian revealed that a portion of his investment portfolio is in cryptocurrency, but he never mentioned any of the coins he had invested in.
Read Also: Billionaire Carl Icahn Highlights What Makes Ethereum (ETH) Better Than Bitcoin (BTC)
He made this disclosure during an interview with CNBC’s Squawk Box, anchored Andrew Ross Sorkin. In the interview, he pointed out non-fungi tokens (NFTs) are the beginning of a number of innovations coming to Ethereum.
Ohanian noted:
“I do think Ethereum, 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.
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.”
"NFTs are just the start of what is getting built on top of the #ethereum blockchain, and that's where a lot of my holdings are candidly," says @alexisohanian. pic.twitter.com/ZfMowGRmhk
— Squawk Box (@SquawkCNBC) June 10, 2021
Read Also: El Salvador’s President Announces Plan to Declare Bitcoin (BTC) A Legal Tender
Although most part of Ohanian’s crypto investment is in Ethereum, the tech expert referenced the latest news about Bitcoin and thinks that the United States must tread lightly to give similar blockchain innovations room to grow. He cited the recent decision of El Salvador to make Bitcoin a legal tender as a good example.
Ohanian said, “I would, generally speaking, not advocate for a heavy hand of any kind of regulation on this. At the end of the day these are opportunities for us to seize and hopefully as a country we can lean into the best parts of this.”
Follow us on Twitter, Facebook, Telegram, and Download Our Android App
HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.
