Cryptocurrencies
Alexis Ohanian’s VC Fund Raises $510 Million for Crypto Startups
- He started 776 Management LLC, his second VC, in 2020
- Ohanian previously co-founded Reddit and Initialized Capital
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Alexis Ohanian, a founder of Reddit Inc. and husband to tennis great Serena Williams, said his venture capital firm raised $510 million with a focus on crypto startups.
Ohanian started his firm 776 Management LLC in 2020 after parting with Initialized Capital, another crypto-centric VC outfit he co-created. 776 is among a wave of new funds targeting cryptocurrency and blockchain businesses.