Crypto Exchange FTX Signs Deal with NFL Player Aaron Jones

FTX, one of the largest cryptocurrency exchanges in the world, and West Realm Shires Services Inc., the firm behind FTX’s subsidiary in the United States, signed a partnership on Tuesday with Aaron Jones, NFL’s Green Bay Packers running back. According to the press release, Jones will become an ambassador of FTX, who purchased an equity stake in the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term.

“I plan to invest a portion of my future marketing earnings in cryptocurrency and other Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-related assets through the FTX US exchange. Additionally, my brother and I are excited to become shareholders in FTX through Showtyme Ventures, LLC, my family’s investing vehicle dedicated to investing in legendary entrepreneurs who are unapologetically changing the world, putting as equal an emphasis on making an impact as they do shareholder returns. My brother and I are excited to have FTX represent our first venture investment,” Jones commented on the long-term deal.

As part of the partnership, the Green Bay Packers running back will receive his compensation in cryptos. Jones is the first player to score a record four touchdowns in route to a Green Bay Packers victory in Monday Night Football games in over 20 years, a landmark that was achieved during a game against the Detriot Lions on September 20.

Jones Charity to Accept Crypto Donations

“When we first met with Aaron, it was clear that he shared the same values FTX has been founded on, to leave a lasting positive impact on the world. FTX is thrilled to have Aaron join our team to assist us in bringing the world of crypto further into mainstream acceptance and adoption,” Brett Harrison, President of FTX US, stated on the announcement. Moreover, Jones’ charity, A&A All the Way, will integrate the FTX Pay platform into the site to receive donations in virtual currencies.

The partnership comes one week after FTX inked a deal with the Mercedes-AMG Petronas Formula One Team.