Tennis star Naomi Osaka becomes ambassador for crypto exchange FTX

Share This Post

Naomi Osaka joined figures including seven-time Super Bowl champion Tom Brady, Brazilian supermodel Gisele Bündchen, and NBA star Stephen Curry in promoting the crypto exchange.

Naomi Osaka, once one of the highest-ranked tennis players in the world, has become the latest figure in sports and entertainment to endorse crypto exchange FTX.

In a Monday announcement, FTX said Osaka will be taking an equity stake in the exchange as well as receiving an undisclosed amount of cryptocurrency as compensation for her endorsement. According to the crypto exchange, the tennis star will be part of a “long-term partnership” aimed at bringing women into the space.

“We have seen the statistics about how few women are part of crypto by comparison, which kind of mirrors the inequality we see in other financial markets,” said Osaka. “Cryptocurrencies started with the goal of being accessible to everyone and breaking down barriers to entry.”

As an FTX ambassador, Osaka joined figures including seven-time Super Bowl champion Tom Brady, Brazilian supermodel Gisele Bündchen, and NBA star Stephen Curry. The exchange said she will “creatively direct and produce content” aimed at a global audience, and feature FTX’s logo during her competition at the Miami Open, beginning on March 21.

The announcement followed FTX founder and CEO Sam Bankman-Fried saying during Australian Blockchain Week the exchange will be opening an Australia arm. Local Senator Andrew Bragg said at the same event he will be introducing legislation aimed at addressing issues in crypto custody, taxation and DAO operations.

Osaka, previously ranked as the top singles player by the Women’s Tennis Association, is not entirely new to the space. Together with her sister Mari, she launched a nonfungible token collection in August 2021 which sold for roughly $600,000. The tennis star has also expressed interest in cryptocurrencies including Dogecoin (DOGE), hinting that token projects are “going to pop up.”

Related: Australia’s largest crypto exchange will sponsor tennis star Ajla Tomljanovic

Many celebrities, including major sports figures and stars from movies and television, have become the faces of crypto firms as the space grows. Actor Matt Damon famously plugged Crypto.com in an October 2021 ad spot that has been mocked by comedy shows including South Park and The Late Show with Stephen Colbert.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Can The Donald Trump Win Drive Bitcoin Price To $170,000 This Cycle?

The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin’s price trajectory in the next four years

‘Ross Is Coming Home’: Ulbricht’s Family Rejoices as Trump Plans to Fulfill Commutation Pledge

With Donald Trump now set to become the 47th US president, Ross Ulbricht’s family took to social media on Nov 7 to share a long-awaited update: “Ross will be coming home in January” Throughout

Wrapped in Chains: Bitcoin’s Centralization Trap

This Op-Ed explores if there is a way out of the centralization cycle for wrapped Bitcoin TLDR: The Greeks wrote about Sisyphus, eternally pushing his boulder uphill, only for it to roll back down In

BlackRock’s Bitcoin ETF Surpasses Its Gold Fund In Net Assets

The launch of the spot Bitcoin ETFs (exchange-traded funds) in January 2024 marked a perfect start to the year for the cryptocurrency industry These crypto investment products were expected to walk

Bitcoin MVRV Hints At $85,000 Price Target On This Condition – Details

Bitcoin, the world’s largest digital asset, recorded significant market gains in the past week to resume an uptrend that began in early October Data from CoinMarketCap shows that Bitcoin rose

Report: Crypto Traders Lean Toward Leveraged Long Positions After Trump Victory

A report indicates that post-US elections, traders are favoring leveraged long positions in perpetuals and futures contracts Trump’s Victory Brings Stability to Markets According to a new