Tennis: Naomi Osaka takes equity stake in crypto exchange FTX, will help draw women to invest


(REUTERS) – Japanese tennis star Naomi Osaka has taken an equity stake in FTX and will be receiving compensation in crypto, the Bahamas-based cryptocurrency exchange, probably the most invaluable start-ups in the world, stated on Monday (March 21).

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

FTX, the proprietor and operator of crypto platform, has been quickly elevating capital over the previous yr. SoftBank’s Vision Fund 2 invested US$400 million (S$542.4 million) in the corporate in January, a significant funding that catapulted FTX’s valuation to US$32 billion.

Prior to her funding in FTX, Osaka backed salad chain Sweetgreen that was listed in New York final yr. She can be an adviser to a particular goal acquisition firm, Disruptive Acquisition Corporation I, together with different well-known athletes corresponding to American soccer quarterback Patrick Mahomes and Bayern Munich’s Polish star Robert Lewandowski.

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