Tom Brady, Gisele Bundchen take equity stakes in crypto company FTX

NFL star Tom Brady and his spouse, supermodel Gisele Bundchen, are taking equity stakes in cryptocurrency-exchange company FTX.

In a press release Tuesday, FTX Trading Ltd. — which operates FTX.com, FTX.us and Blockfolio — mentioned the couple will enter a long-term partnership as company ambassadors and obtain an unspecified quantity of crypto belongings. The couple will even work on FTX’s charitable efforts.

Brady, a seven-time Super Bowl-winning quarterback, mentioned in the assertion that he seems to be ahead to “educating folks concerning the energy of crypto,” whereas Bundchen famous “the potential to apply assets to assist regenerate the Earth, and allow folks to steer higher lives, due to this fact producing actual transformation in our society.”

FTX mentioned the couple “have already opened their Blockfolio accounts to take a position and commerce the cryptocurrencies of their alternative.”      

San Francisco-based FTX is likely one of the world’s largest crypto exchanges, and is searching for as a lot as $1 billion in a brand new funding spherical that may worth the company at round $20 billion, according to Bloomberg News.

Brady has been a notable crypto fan, and simply Monday requested on Twitter if anybody had “any concepts” about what to do subsequent after the worth of bitcoin
BTCUSD,
-3.62%
sank greater than 40% since he tweaked his profile picture in May to incorporate “laser eyes.”

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About the Author: Daniel