- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Reddit co-founder Alexis Ohanian takes stake in Chelsea FC Women
By: bitcoin ethereum news|2025/05/15 06:00:14
0
Share
Alexis Ohanian, Principal Owner, Angel City Football Club & Los Angeles Golf Club, looks on during a conversation with Olympic sprinter Gabby Thomas during the Business of Women Sport Summit presented by Deep Blue Sports and Axios at Chelsea Factory on April 23, 2024 in New York City. Elsa | Getty Images Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture capital firm Seven Seven Six and husband of tennis legend Serena Williams paid 20 million pounds for a 10% stake in the English soccer team, according to a person familiar with the deal. Ohanian is also a part owner in the National Women’s Soccer League’s Angel City FC alongside Disney CEO Bob Iger and his wife, Willow Bay. Ohanian’s Chelsea deal values the women’s club at 200 million pounds, according to the person familiar, making it the most valuable women’s team in the world based on current foreign exchange rates. As part of the deal, Ohanian will be given a seat on the team’s board. “I’ve bet big on women’s sports before — and I’m doing it again,” Ohanian said in a post on social media site X confirming the stake. Chelsea FC Women have won six consecutive Women’s Super League titles. Ohanian says he see the opportunity to grow a worldwide brand within women’s football. Chelsea FC Women gifted Alexis Ohanian’s daughters jerseys. Courtesy of Alexis Ohanian “I’m confident Chelsea FC Women is the next global women’s sports brand,” he said. Ohanian left Reddit in 2020 to focus on building a legacy for his two young daughters through sports and other investments. He said in 2024 he had invested $250,000 from his daughters trust fund into Angel City FC. Ohanian said the investment made them the youngest owners in professional sports and multi-millionaires. Williams also recently became part owner of WNBA expansion team the Toronto Tempo, and Ohanian has started a women’s track competition. Source: https://www.cnbc.com/2025/05/14/reddit-co-founder-alexis-ohanian-takes-stake-in-chelsea-fc-women.html
You may also like
Quick Overview of Alliance ALL16 Demo Day: 18 New Projects Featuring Emerging Trends in Prediction Markets and AI Applications
ALL17 application deadline is March 25.
The Ethereum Foundation launches "Hardness," a dedicated team to safeguard the decentralized baseline
Hardness is a protocol-level commitment to the core attributes of Ethereum, including censorship resistance, privacy, security, and permissionlessness.
Morning News | Boya Interactive plans to invest no more than $70 million to purchase cryptocurrency; WeChat launches official lobster plugin; Bitcoin mining difficulty decreased by 7.76% to 133.79 T
Overview of Important Market Events on March 22
The competition for stablecoin yields, how has it stalled U.S. cryptocurrency regulatory legislation?
Congress has only a few weeks left to seek bank support for the CLARITY Act, or it may shelve the legislation due to the midterm elections.
This Week's News Preview | The joint cryptocurrency regulatory guidance document from the U.S. SEC and CFTC officially takes effect; Polymarket announces major news
Highlights of the week from March 23 to March 29.
What characteristics do the projects delisted by mainstream exchanges have?
Mainstream exchanges are, on one hand, massively delisting coins, and on the other hand, massively listing tokenized stock assets. Essentially, this is a supply-side reform aimed at "bad money." The quality of the asset targets and the compliance of the platforms will become the focus of competition...
Before the $75,000 Gamma level, both bulls and bears are waiting for a signal
The selling pressure is being digested, and the belief is still on the way.
Business Opportunities of Tokenized Stocks
In this article, we will outline the lifecycle of tokenized stocks, analyze the current market landscape, and highlight the emerging business opportunities.
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
This incident reveals a fundamental weakness in Delta's stablecoin - the coupling point between the minting logic and off-chain signatures/oracles is the most vulnerable attack surface of the system. Any capital efficiency design of "1 dollar minted for 1 dollar" must be predicated on extremely rigo...
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…
Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack
DeFi project teams cannot assume that the modules they control are necessarily secure.
The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future
This article systematically analyzes the technical principles and commercial value of the ERC-8183 protocol from the dimensions of technical architecture, core mechanisms, application scenarios, and ecological collaboration.
When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB
ETH is undergoing a paradigm shift from a "volatile asset" to a "yield-generating cash flow asset."
The Power of Agency: The Agentic Wallet and the Next Decade of Wallets
In 1984, Apple killed the command line with a mouse. In 2026, Agent is killing the mouse.
Understanding x402 and MPP in One Article: Two Routes for Agent Payments
x402 makes payments within the agreement, while MPP makes system-level payments.
Particle Founder: The entrepreneurial insights I have gained the most from in the past year
Stop lean startup, stop lightning entrepreneurship, and think carefully about what your product aspirations are.
Quick Overview of Alliance ALL16 Demo Day: 18 New Projects Featuring Emerging Trends in Prediction Markets and AI Applications
ALL17 application deadline is March 25.
The Ethereum Foundation launches "Hardness," a dedicated team to safeguard the decentralized baseline
Hardness is a protocol-level commitment to the core attributes of Ethereum, including censorship resistance, privacy, security, and permissionlessness.
Morning News | Boya Interactive plans to invest no more than $70 million to purchase cryptocurrency; WeChat launches official lobster plugin; Bitcoin mining difficulty decreased by 7.76% to 133.79 T
Overview of Important Market Events on March 22
The competition for stablecoin yields, how has it stalled U.S. cryptocurrency regulatory legislation?
Congress has only a few weeks left to seek bank support for the CLARITY Act, or it may shelve the legislation due to the midterm elections.
This Week's News Preview | The joint cryptocurrency regulatory guidance document from the U.S. SEC and CFTC officially takes effect; Polymarket announces major news
Highlights of the week from March 23 to March 29.
What characteristics do the projects delisted by mainstream exchanges have?
Mainstream exchanges are, on one hand, massively delisting coins, and on the other hand, massively listing tokenized stock assets. Essentially, this is a supply-side reform aimed at "bad money." The quality of the asset targets and the compliance of the platforms will become the focus of competition...
App