Iconic tennis player Serena Williams has reportedly invested
in the crypto space through Coinbase which is one of the companies that her
newly launched venture company has invested in.
The four-time Olympic gold medalist took to Instagram where
she recently revealed that she has a venture firm called Serena Ventures which
she launched in 2014. Williams also announced through the social media platform
that Coinbase was one of the more than 30 companies that the venture firm has
invested in. Coinbase which is one of the top cryptocurrency exchanges in the
world and the announcement highlights its recognition as a good investment.
“Serena Ventures invests in companies that embrace diverse leadership, individual empowerment, creativity, and opportunity,” Serena Williams wrote on her Instagram page.
The venture firm has a website which revealed that it has a
strong portfolio of financial assets whose combined value is over $12 billion.
Serena Ventures particularly invests in firms while they are still in their
early stages so that it can easily secure partnerships with the companies in
Williams’ investment in Coinbase aligns with a recent Reuters report which predicted that
investment in blockchain startups and cryptocurrencies will surge in 2019 and
possibly reach set an all-time high. It also shows that investors are willing
to invest in the cryptocurrency market.
Selena is one of the top tennis players in the world and her
net worth is more than $180 million. She currently holds four Olympic gold
medals and has even been ranked 1st place in singles by the Women’s
Tennis Association. Launching Serena Ventures highlights the tennis player’s
plan to wisely invest earnings. She also noted in her Instagram statement that
the investment firm is also aimed at providing founders with opportunities from
Williams also revealed that the investment firm targets firms
that pursue opportunities, creativity, individual empowerment, and diverse
leadership. Serena Ventures also makes sure that there is founders diversity in
the firms that it invests in. The cryptocurrency market happens to be among the
fastest growing industry with lots of opportunities and thus making it
attractive for Serena Ventures.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: https://www.journaltranscript.com/disclaimer