TSM signs 10-year, $210 million naming rights deal with crypto exchange FTX
TSM has signed a 10-year, $210 million naming rights agreement with FTX Trading Limited and West Realm Shires Services Inc., the owners and operators of cryptocurrency exchanges FTX and FTX.US, according to a report from The New York Times.
TSM will now go by “TSM FTX” across all titles the organization competes in, including League of Legends, VALORANT, Apex Legends, and others. TSM will use the partnership money to expand globally, including new offices in Asia, Europe, and South America, and will invest in mobile gaming and other platforms.