FTX signs tennis champion Naomi Osaka as crypto ambassador

Rick Steves

Naomi Osaka will take an equity stake and will have an active role with FTX, including creatively directing and producing content alongside FTX.

FTX has established a long-term partnership with four-time Grand Slam singles champion, Naomi Osaka, who has become an FTX global ambassador and will receive an equity stake in FTX Trading Limited and will be receiving compensation in crypto.

As an FTX ambassador, Naomi Osaka will focus on bringing women onto the platform and into the future of Web3 as she finds that advocating for women to get in on the ground floor of the rapidly growing crypto industry is an extension of her work toward equality and pushing the culture forward.

“We want to be at the forefront of social change”

“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. Cryptocurrencies started with the goal of being accessible to everyone and breaking down barriers to entry. I’m excited to partner with FTX to get back to that mission and to innovate on new ways to reach more people and further democratize the space”, said Naomi Osaka, a four time Grand Slam singles champion and now one of the first major female professional athletes to partner with FTX.

Sam Bankman-Fried, Chief Executive Officer of FTX, said: “Just as FTX is at the forefront of crypto markets, we want to be at the forefront of social change. Our partnership with Naomi Osaka will further our goal of getting more diverse voices involved in the future of digital currency and Web3. I am excited to work with Naomi as we look to educate those groups and create a positive impact in the world. ”

Naomi Osaka will take an equity stake and will have an active role with FTX, including creatively directing and producing content alongside FTX, specifically with a lens toward a global audience given Osaka’s Haitian and Japanese cultural heritage and background.

As part of the sponsorship deal, she will debut the FTX logo for the Miami Open and FTX will make a charitable donation to Play Academy, Osaka’s charitable organization created with NIKE, Inc., and Laureus Sport for Good, with the goal of changing girls’ lives through play and sport.

FTX has recently established an Australian operation, marking an essential chapter in the crypto trading platform’s continued global expansion.

The firm acts as the issuer of the OTC derivatives including options contract, futures contract, contract for difference (CFDs) with the underlying digital/crypto assets, and leveraged tokens.

Earlier this month, the crypto platform acquired a license in Dubai via the European affiliate of FTX Trading, owner and operator of FTX.COM. The authorization provides a license to launch and operate its Virtual Asset (VA) Exchange and Clearing House services in Dubai, United Arab Emirates (UAE).

Read this next

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

<