Crypto operator Stake has recently announced that it will be sponsoring the boxing debut of Japanese kickboxer Tenshin Nasukawa. This is a major move for the crypto industry, as it marks the first time a cryptocurrency company has sponsored a professional athlete.

Tenshin Nasukawa is a 20-year-old kickboxing phenom from Japan who has an impressive record of 28 wins and only one loss. He is set to make his professional boxing debut on December 31, 2018, and Stake will be his official sponsor. Stake is a cryptocurrency platform that allows users to buy, sell, and trade digital assets, and they are the first company in the crypto industry to sponsor a professional athlete.

The sponsorship deal between Stake and Nasukawa is a major milestone for the crypto industry. It shows that cryptocurrency companies are willing to invest in traditional sports, and it also serves as a signal that the crypto industry is becoming more mainstream. Stake CEO Alex Lebedev said, “We are proud to be the first cryptocurrency company to sponsor a professional athlete. We believe this is an important step in bridging the gap between traditional sports and the crypto world.”

The sponsorship deal between Stake and Nasukawa is also a major win for the young kickboxer. Nasukawa said, “I am honored to have Stake as my official sponsor. I look forward to working with them to help promote the crypto industry and show people that digital assets can be used for more than just trading.”

The sponsorship deal between Stake and Nasukawa is a sign of things to come for the crypto industry. As more companies invest in traditional sports, it will become increasingly clear that cryptocurrencies are here to stay.