Main navigation

Professional Apex Legends Team to Receive Salaries in XRP

News
Thu, 11/05/2020 - 06:33
article image
Alex Dovbnya
SBI e-Sports has launched its Apex Legends division, with players accepting salaries in XRP
Professional Apex Legends Team to Receive Salaries in XRP
Cover image via stock.adobe.com
Read U.TODAY on
Google News

SBI e-Sports, a subsidiary of major Japanese financial services company SBI Holdings, has announced the launch of its Apex Legends division.        

It has hired four players, HaRu, P1NKI, Lelia, Wasuo, who have all decided to receive their salaries in XRP. In his statement, Lelia says that he has owned the fourth-largest cryptocurrency before. 

Apex Legends
Image by sbiesports.co.jp

Apex Legends is a popular shooter battle royale game that was released in February 2019. 

The announcement coincided with the start of Apex Season 7 that has brought a slew of new features to the game.

As reported by U.Today, SBI e-Sports signed Kenji “Ken” Suzuki, the world’s best Sonic player, in mid-October. Meanwhile, Subaru “Mikey” Sagano joined its FIFA gaming team. The two also opted to receive their salaries in XRP.   

Related
Ripple and Forte Form $100 Mln Fund to Streamline Adoption of Blockchain in Gaming

In late September, SBI e-Sports inked a sponsorship deal with the VC Trade crypto exchange operated by SBI Holdings. The deal stipulated that players could receive salaries in XRP if they wished to.

The subsidiary was formed back in June to create professional e-sports teams and provide consulting services and provide consulting solutions.

Japan is finally waking up to the booming e-sports industry, with local regions attempting to boost their economies by holding tournaments.   

article image
About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.