TSM is an American esports organization, created around the community website SoloMid.Net by brothers Andy “Reginald” Dinh and Dan “Dan Dinh” Dinh in September 2009. This one of the first esports organizations. With content creators like Myth, TSM is one of the most popular esports organizations ever as well.
On the other hand, FTX and West Realm Shires run two crypto exchanges, with FTX.US trading more than $6 billion in the past 30 days. Those exchanges include the major coins, such as Bitcoin and Ethereum, which are able to be traded by customers. Less valuable currencies such as Dogecoin are also available, which has seen social media fascination over the past few months.
TSM Signs 210 Million Dollar Deal with Crypto Exchange company FTX
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. This is the Largest in Esports History as of now.
From now on, For the next 10 years, TSM will be known as “TSM FTX”. All rosters of current TSM will change their name to TSM FTX. Including rosters of League of Legends, VALORANT, Apex Legends, and others.
TSM FTX Future
With this huge amount of money, TSM FTX will expand its brand to other regions like Asia, Europe, and South America. TSM FTX will also step in further in the Mobile Gaming industry. They also went ahead and purchased $1 million of FTX Token (FTT) to distribute among its employees and players.
“Taking a huge industry and then reimagining it in a digital age: that’s sort of what e-sports are to sports, and it’s sort of what crypto is to investing and to finance,” FTX CEO Sam Bankman-Fried told the Times.
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