Big-Name Celebrities Who “Actively” Endorse Crypto

The emergence of cryptocurrency has increased exponentially in the past few years and with it, more people from all aspects of life have embraced its existence. One notable group is big-name celebrities who have actively endorsed cryptocurrencies as a way to support their personal projects or to promote a certain cryptocurrency itself.

Paris Hilton / Instagram | Celebrity endorsement of cryptocurrency is a big part of the blockchain industry.

In this article, we will take a look at some of these famous personalities who have chosen to openly back cryptocurrencies and how they are changing the public perception of this digital asset class.

Celebrity Endorsement: The Basics

When it comes to celebrity endorsements, there are two primary categories that most fall into: Active endorsements and passive endorsements. Active endorsers are those that use their influence to speak out about a product or service, usually as part of a marketing campaign. This could be anything from posting about a cryptocurrency on social media to shooting an ad that promotes the currency.

On the other hand, passive endorsers may not advertise for a currency directly but are associated with it in some way. For example, they may own a significant amount of cryptocurrency themselves or have invested in a crypto-related business.

Crypto Endorsement: Big Names Get Involved

Big-name celebrities have been quick to embrace cryptocurrencies and use their influence to spread the word about them. From athletes to actors, singers, and even tech moguls like Elon Musk, Mark Cuban, and Mark Zuckerberg, many big-name celebs endorse cryptocurrency.

Mike Tyson / Instagram | Well-known public figures like Mike Tyson have lent their support – and often their wallets – to cryptocurrencies in various ways.

The list of celebrities who have openly endorsed cryptocurrencies is growing, and it continues to attract more attention from the general population. Here are some of the most notable big-name endorsers:

Mike Tyson

One of boxing’s all-time greatest champions is also a strong proponent of cryptocurrency. In 2015 he partnered with Bitcoin Direct LLC to launch the Mike Tyson Bitcoin ATM, allowing users to buy and sell digital assets.

Likewise, he has also voiced his support for cryptocurrency on social media, telling his followers to “invest responsibly.”

Paris Hilton

Socialite Paris Hilton became involved in the crypto space back in 2017 when she announced her endorsement of LydianCoin, a cryptocurrency launched by her then-boyfriend.

Thus, she has since voiced her support for various other crypto projects, including Ethereum and Binance Coin, and has even stated that she owns Bitcoin herself.

Mark Cuban

Mark Cuban is an American entrepreneur, venture capitalist, and owner of three professional sports teams. Additionally, he has made numerous investments in technology startups and is a strong advocate for cryptocurrency.

USA Today / “Shark Tank” hall of famer Mark Cuban is one of the big-name celebs who actively endorse cryptocurrency.

In 2017, he invested in the cryptocurrency trading platform Unikrn and accepted Bitcoin payments for Dallas Mavericks tickets.

Gwyneth Paltrow

The actress was one of the earliest celebrity investors in Bitcoin, having purchased her first Bitcoin back in 2013. Today she serves as an advisor for Abra, a digital asset investment platform

Likewise, she continues to speak publicly about cryptocurrency and its potential for driving financial inclusion.