Japanese esports company to pay its players in XRP

Cointelegraph

Published Sep 30, 2020 05:09PM ET

Updated Sep 30, 2020 06:40PM ET

SBI esports, a subsidiary of Japanese financial services conglomerate SBI Group, announced that its esports players would receive salaries in Ripple (XRP) going forward as part of a sponsorship deal with venture capital firm, VC Trade.

According to the official announcement, player salaries will be paid via crypto instead of fiat in order to strengthen the company’s presence among esports players who also use digital currencies.

Continue Reading on Coin Telegraph