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Tom Brady, Gisele Bundchen to snatch up stake in crypto change FTX

NFL Soccer – Colossal Bowl LV – Tampa Bay Buccaneers v Kansas City Chiefs – Raymond James Stadium, Tampa, Florida, U.S. – February 7, 2021 Tampa Bay Buccaneers’ Tom Brady after winning the Colossal Bowl LV REUTERS/Eve Edelheit

June 29 (Reuters) – National Soccer League quarterback Tom Brady and his supermodel wife, Gisele Bundchen, will every grasp an undisclosed equity stake in U.S. crypto change platform FTX Trading Ltd, the company mentioned on Tuesday.

Below the deal, Brady will moreover change into an FTX ambassador and Bundchen will grasp the perform of environmental and social initiatives adviser. Both will receive an unspecified amount of cryptocurrency, the company mentioned.

Founded and led by Sam Bankman-Fried, a 29-year-extinct crypto frail billionaire, FTX is in talks to lift $1 billion at a valuation of $20 billion, basically based on media studies.

Brady, a seven-time Colossal Bowl champion, has long been an advocate of cryptocurrencies. Closing month, he edited his Twitter profile characterize to one with a “laser eyes” meme – a popular internet fad amongst supporters of cryptocurrency.

Earlier this year, Brady moreover mentioned he would open a Non-Fungible Token (NFT) platform known as Autograph that will raise together iconic brands from sports, entertainment, model and dad culture to manufacture digital collectibles.

Reporting by Niket Nishant in Bengaluru; Editing by Ramakrishnan M.

Our Standards: The Thomson Reuters Belief Principles.

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