Professional Apex Legends Team to Receive Salaries in XRP

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Thu, 11/05/2020 - 06:33
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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. 

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.   

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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.