TSM (Team SoloMid), the world's leading e-sports organization, reached a cooperation agreement of US$210 million with FTX Exchange (FTX Trading Limited) last Friday (June 4). TSM cooperates with FTX.US in the United States, and cooperates with FTX.com internationally. As the first encrypted exchange to cooperate with the e-sports industry, FTX.com and FTX.US jointly obtained the exclusive naming rights of TSM. TSM is now called "TSM FTX ".
Through this strategic partnership, TSM FTX will start a new plan to invest resources in e-sports and games in the next five years. The influence of TSM FTX, in addition, increase investment in the cultivation of e-sports talents under the existing scale.
Not only that, TSM FTX will purchase 1 million US dollars of FTX platform currency FTT and distribute it to each player and employee.
"As soon as I saw Sam Bankman-Fried, I knew right away that we had to work together," TSM founder and CEO Andy Dinh said.
"TSM FTX is not only very suitable as a brand, SBF is also a very innovative CEO, young and talented, is the leader of this era. SBF can always make wise decisions, and this is also due to his good team. He has proven A billion-dollar encryption empire can be built, and the business scale is still growing at an alarming rate. In addition, FTX will also use part of the proceeds to give back to the society and exert the influence that the enterprise should have.
This partnership is critical to the future of TSM, and it is equally important to me to work with visionary leaders. Just as the love for games crosses ages, oceans, and language barriers, it connects players closely together. Sam's company connects the world through the value of cryptocurrencies, and I am extremely proud that he has chosen to partner with TSM. "
SBF, founder of FTX and FTX.US, commented:
"We are very happy to be working with TSM. The TSM team has performed well in both in-game and real-world fields, and has certainly established itself in the field of esports competition. We are very impressed with working with them, including innovation Ability, communication skills, drive, and only a few teams see these combined.
secondary title
TSM FTX
The e-sports organization TSM FTX, as a champion platform, strives to create exciting and educational entertainment content through the excellent competitiveness of the team, provide the ultimate e-sports game experience, and create its own value.
FTX
FTX.US is a US regulated cryptocurrency exchange. Our mission is to let FTX.US develop the cryptocurrency ecosystem and provide a good trading platform for US traders. We also expect that in the next two years, FTX.US will become the market-leading US cryptocurrency exchange.
FTX.US
FTX.US is a US regulated cryptocurrency exchange. Our mission is to let FTX.US develop the cryptocurrency ecosystem and provide a good trading platform for US traders. We also expect that in the next two years, FTX.US will become the market-leading US cryptocurrency exchange.
