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Kevin O’Leary becomes an ambassador for Crypto Exchange FTX

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Crypto World
Kevin O’Leary becomes an ambassador for Crypto Exchange FTX

As a part of a new partnership with Crypto Exchange FTX, the Canadian businessman Kevin O’Leary has become a shareholder and would get involved in initiatives to promote FTX, a cryptocurrency platform to new audiences and receive his payments in digital assets.

The 67-year-old Canadian TV host tweeted on Tuesday, “Finally solved my compliance problems with #cryptocurrencies I'm going to use FTX to increase my allocation and use the platform to manage my portfolios.”

Also known as Mr Wonderful, O'Leary will hold an equity stake in FTX and one of its operators, West Realm Shires Services. FTX has become one of the most respected cryptocurrency exchange platforms within 2 years since its founding.

Mr Kevin, who was a host of Shark Tank, an American business reality television series, has signed a multi-year contract as a brand ambassador and spokesperson with FTX.

In the announcement, Mr Wonderful also says, “I want to increase my crypto exposure but also serve my compliance mandates. When it comes to rapidly changing compliance and tax reporting requirements, the current cryptocurrency ecosystem is fraught with risks that I can not take. To find crypto investment opportunities that met my own rigorous standards of compliance, I entered into this relationship with FTX.” Read More..

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