Crypto Exchange FTX Is Now Sponsoring TSM E-Sports Team

Hong Kong-based cryptocurrency exchange FTX has signed a sponsorship deal with TSM, a professional e-sports team based in L.A., that will see it change its name. The deal is valued at $210 million USD over the next decade, and will result in TSM now competing under the TSM FTX banner.The sponsorship deal began following a Twitter conversation between FTX's chief executive Sam Bankman-Fried and Andy Dinh, a founder of TSM and the organization's chief executive. Speaking to The New York Times abou...