Serena Williams’ Husband Alexis Ohanian Leads a Massive $54 Million Funding as He Looks to Cash in on The On-Going NFT Craze

Serena Williams’ husband and the co-founder of Reddit, Alexis Ohanian is well-known for his business endeavors. Ohanian founded the online platform, Reddit with his college roommates. He has always been intrigued by some successful business ideas.

Recently, he led the funding round for a popular NFT project. The American entrepreneur, Alexis Ohanian, recently provided millions of dollars in funding to a non-fungible token (NFT) company.

Serena Williams’ husband Alexis Ohanian funded millions of dollars for a NFT project

NFTs are tokens that represent the ownership of virtual or tangible assets. According to a report from Forbes, the popular Non-fungible token (NFT) company Doodles has raised a massive $54 million of equity funding at a $704 million valuation. Doodles provide a number of colorful and animated pictures.

Serena Williams’ husband Alexis Ohanian’s venture capital firm, Seven Seven Six, led the funding. According to the report, the NFT project funding was supported by other top players in the crypto industry like FTX Ventures, Acrew Capital, and 10T Holdings.

The company took to Twitter to announce the success of its massive funding. They tweeted, “We’re thrilled to announce that Doodles has raised $54M at a $704M valuation.”

According to the company, some of the amounts will be used to employ more engineers, marketing specialists, business executives, and other staff members. While, the other parts of the investments will be utilized for product development, acquisitions, and the development of technology.

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Despite the fact that the market for non-fungible tokens (NFTs) is usually poor, the American entrepreneur, Ohanian still decided to fund the NFT project. Ohanian’s company first hinted at funding for Doodles in June. He has previously mentioned the company, Doodles in some of his tweets.

Alexis Ohanian likes Feastables products

Feastables manufactures products like chocolate bars, cookies, chips, and other snack products with simple ingredients like coca. The popular Youtuber, MrBeast is the founder of the company. Serena Williams’ husband is a huge fan of Feastables products. He is quite active on his Twitter account, talking about MrBeast’s popular product line of snacks. MrBeast new products are available in various Walmart and other local stores. The American entrepreneur, Ohanian also tweeted about MrBeast’s chocolate chip cookies. He tweeted, “HE MAKES COOKIES, TOO!?”

Even his little daughter, Olympia likes to have a bite of these chocolate chip cookies. She too is a fan of the American Youtuber, MrBeast who has launched his new product lines of snack foods. He wants to provide the masses with some good quality and tasty products.

WATCH THIS STORY: Serena Williams’ husband Alexis Ohanian makes artistic pancakes for daughter Olympia