Why is TSM TSM FTX now?
Team SoloMid (TSM), officially TSM FTX, is a professional esports organization based in the United States.
TSM (also known as TSM FTX, formerly known as Team SoloMid) is an American professional esports organization.
The gaming organization has now changed its name to TSM FTX on behalf of its new sponsorship with Hong Kong-based FTX, which stands for Futures Exchange.
Andy Dinh, founder and CEO of TSM FTX and FTX CEO and founder Sam Bankman-Fried have played a large part in ushering in a new era of crypto into the esports space. So much so that even Riot Games now has a deal in place with FTX.
FTX also has a major $210m (~£177m) 10-year naming rights deal with TSM, which made headlines when it was announced in June 2021 as the biggest ever publicly announced esports sponsorship deal. FTX additionally has a seven-year deal with the League of Legends Championship Series (LCS).