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FTX and TSM Commit to Largest Deal in e-Sports History

Source Node: https://beincrypto.com/ftx-and-tsm-commit-to-largest-deal-in-e-sports-history/
Time Stamp: June 5, 2021 8:20 AM - Modified On: June 5, 2021 - Published By:
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Republished By Plato

Popular cryptocurrency exchange FTX has entered the world of e-sports as it signs a deal with the TSM brand. The partnership, which reports reveal involved a £210 million commitment, has secured FTX the exclusive naming rights for TSM. Consequent to this deal, the e-sports brand will be known as TSM FTX.  The official FTX Twitter issued a Tweet on June 4, stating the long-term deal is the “largest in esports history.” Reports stated that company employees and players will receive cryptocurrency. The company will also purchase a $1 million holding

Esports Organization TSM Teams With Crypto Exchange FTX For Historic Deal

Source Node: https://bitcoinist.com/esports-organization-tsm-team-with-crypto-exchange-ftx-for-historic-deal/?utm_source=rss&utm_medium=rss&utm_campaign=esports-organization-tsm-team-with-crypto-exchange-ftx-for-historic-deal
Time Stamp: June 4, 2021 12:42 PM - Modified On: June 4, 2021 - Published By:
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Republished By Plato

Cryptocurrency esports crossovers are becoming increasingly popular. Today, one of the biggest publicly-disclosed esports sponsorships has come to life, courtesy of esports org TSM and crypto exchange FTX. TSM FTX: A New Type Of Sponsorship In one of the more ‘non-traditional’ naming rights deals, TSM will now go by ‘TSM FTX’. According to the initial report from The New York Times, the deal is valued at $210M over 10 years. The agreement includes TSM, FTX Trading Limited, and FTX.US and FTX.com owners and operators West Realm Shires Services Inc. This

TSM signs 10-year, $210 million naming rights deal with crypto exchange FTX

Source Node: https://dotesports.com/news/tsm-signs-10-year-210-million-naming-rights-deal-with-crypto-exchange-ftx
Time Stamp: June 4, 2021 9:10 AM - Modified On: June 4, 2021 - Published By:
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Republished By Plato

TSM has signed a 10-year, $210 million naming rights agreement with FTX Trading Limited and West Realm Shires Services Inc., the owners and operators of cryptocurrency exchanges FTX and FTX.US, according to a report from The New York Times.  TSM will now go by “TSM FTX” across all titles the organization competes in, including League of Legends, VALORANT, Apex Legends, and others. TSM will use the partnership money to expand globally, including new offices in Asia, Europe, and South America, and will invest in mobile gaming and other platforms. It’s