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Serena Williams‘ husband Alexis Ohanian has been ardently pursuing his endeavors when it comes to investing in one of the largest crypto exchanges, FTX. Despite its volatility in the sector, the American internet entrepreneur has steeled himself to double down on his commitment to his crypto interests.

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Speaking of it, the Reddit co-founder said it was his family history that inspired him to experiment in the extremely volatile industry. Here’s what Ohanian said about his investments in cryptocurrency despite the massive inflation in his country.

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Serena Williams’ husband Alexis Ohanian opens up about the collapse of FTX

A lot of crypto investors were embittered after witnessing a huge dip in the second-largest exchange. Ohanian witnessed the aftermath of the collapse of FTX. But the American entrepreneur still followed his endeavors to invest in the crypto exchange.

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Talking about the same during an interview, Alexis Ohanian recently revealed the reason behind his investments in the extremely volatile market. The Reddit cofounder whose ancestors witnessed that devastating Armenian genocide is now doubling down on his commitment. His family history is a big reason why he’s keeping up with those highly volatile NFTs.

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There is a chilly winter storm in one of the largest crypto exchanges. But Ohanian is ardently betting on those risky digital assets. He said, “Okay, yeah, it’s volatile, but have you seen the shit we’ve lived through?’”

The Reddit co-founder believes that plenty of people have “that generational consciousness,” of knowing the risks of NFTs and other cryptocurrencies. Despite massive inflation in various countries, a lot of investors are still enthusiastic about the market because of this notion of it. The American entrepreneur has Armenian roots and his ancestors had their inheritance of heirloom rugs seized by Turkish soldiers during those traumatic events.

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From his great aunt Vera, Ohanian came to know about all those devastating incidents during the Armenian genocide. This is a big reason behind his notion of still investing in FTX and other cryptocurrencies amidst the collapse. Many crypto enthusiasts have already moved away from it while Ohanian is still busy keeping up with his own commitments and notions.

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What do you think of Ohanian and his interests in his FTX amidst the crypto’s chilly winter storm? Let us know in the comments section.

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Anurag Gusain

1,633 Articles

Anurag Gusain is a Tennis Writer at EssentiallySports, who blends his innate talent for journalism with a solid foundation in English, earned during his undergraduate years. With more than two years of content creation under his belt, Anurag seamlessly translates his passion for tennis into captivating articles. At ES, he is the go-to voice for all things Serena Williams, skillfully covering both her on-court legacy and off-court endeavors. Beyond the tennis court, Anurag finds solace in gaming, where his strategic mind flourishes.

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