Sports

Naomi Osaka becomes FTX’s latest crypto ambassador

Tennis star Naomi Osaka has taken an fairness stake in FTX and can be receiving compensation in crypto, the Bahamas-based cryptocurrency alternate, probably the most priceless startups on the earth, stated on Monday.

The four-time Grand Slam winner signed a long-term partnership settlement with FTX, as a part of which Osaka can be targeted on bringing ladies onto its crypto platform and can play an energetic function in directing and producing content material.

FTX, the proprietor and operator of crypto platform FTX.com, has been quickly elevating capital over the previous 12 months. SoftBank’s Imaginative and prescient Fund 2 invested US$400 million within the firm in January, a serious funding that catapulted FTX’s valuation to US$32 billion. 

Previous to her funding in FTX, Osaka backed salad chain Sweetgreen Inc SG.N that was listed in New York final 12 months. She can also be an adviser to a particular objective acquisition firm, Disruptive Acquisition Company I DISA.O, together with different well-known athletes akin to Patrick Mahomes and Robert Lewandowski. 

(Reporting by Sohini Podder in Bengaluru; Modifying by Maju Samuel)

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