Serena Williams, world-renowned tennis players posted on Instagram that her investment business quietly invested in Coinbase. In our coming altcoin news below, we read more on this topic.
Back in 2014, Serena Williams launched her Serena Ventures investment business and invested in about thirty companies one of them being the crypto exchange giant Coinbase. On the Instagram post, she revealed her decision. According to the investment company website, the market cap of the portfolio reaches more than $12 billion.
The website of the company also points out that the fund is mostly meant for early-stage companies and startups. It also encourages partnerships and collaboration between other companies but also expands the opportunities. The tennis legend Serena Williams revealed a lot of details about her company. In her post that she wrote to more than 10 million followers, she explained that she has been silently piling up the portfolio by investing in multiple companies over the years. She noted:
“In 2014, (yes I know I can keep a secret) I launched Serena Ventures with the mission of giving opportunities to founders across an array of industries. Serena Ventures invests in companies that embrace diverse leadership, individual empowerment, creativity and opportunity.”
The crypto exchange giant Coinbase gladly accepts this investment by Serena Williams and thus becomes a part of the 30 different companies in the portfolio. The San-Francisco based startup is currently the largest exchange in the United States. The CEO of the company Brian Armstrong, the exchange is still going to expand after it launched trading services in 11 countries last week.
Serena Williams, on the other hand, has won four gold medals at the Olympics. She was later named the Number 1 tennis player according to the Women’s Tennis Association on eight different occasions. Also, her net worth was estimated as the best cryptocurrency news sites write at about $180 million.
The world’s best female tennis player, Serena Williams with middle name Jameka, earned more than $29 million in prize money. This makes her the highest paid female athlete. She was also named in the Forbes 100 highest paid athletes in 2017. Back in 2015, she also won the Laureus Sportswoman of the Year award up until 2018.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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