High profile gamer joins the gaming division of SBI Holdings and signs a contract to receive his salary in the important cryptocurrency XRP.
Kengo “Ken” Suzuki, a professional player in the cross-action fighting game Super Smash Bros. Ultimate (SSBU), has signed a deal with SBI e-Sports, the gaming division of Japanese financial giant SBI Holdings. Ken is also considered the best Sonic player in the world.
According to an official SBI announcement on October 15th, Ken will now be part of the newly formed SSBU division of SBI e-Sports. The player will receive their annual salary in XRP instead of the Japanese yen “as per the player’s wishes and sponsorship” at SBI VC Trade, SBI’s crypto-focused venture capital arm.
In one Tweet On October 15, Ken confirmed that he is now part of the SSBU division of SBI e-Sports.
SBI e-Sports is a new SBI subsidiary for professional esports that was founded in June 2020. At the end of September, the company officially announced that SBI e-Sports will pay its players under a sponsorship deal with SBI VC Trade in XRP.
On October 9th, SBI also announced that the company will conduct a security token offering based on the shares of SBI e-Sports.