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MANILA – Senator and boxing champion Manny Pacquiao has teamed up with a Singapore-based cryptocurrency exchange to launch his own digital token called PAC Coin, the company said.
Global Crypto Offering Exchange, on its website, listed Pacquiao as a "notable private investor." The platform allows celebrities to "create, list and trade their own cryptocurrencies," it said.
"Yes its true. He is one of the ambassadors of GCOX," Pacquiao's legal counsel, Brando Viernesto, told ABS CBN News.
PAC Coins will be released by the second quarter and will be traded exclusively on GCOX, where users can also access exclusive Pacquiao merchandise, the company said in a statement last March.
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Sen. Manny Pacquiao shakes hands with GCOX executive president Steve Askew. Global Crypto Offering Exchange photo
Pacquiao is the second richest athlete in the world, with total earnings worth $62 million (P3.2 billion) according to Forbes Magazine, next only to arch-rival Floyd Mayweather.
He is currently training for a June 24 match with Argentinian Lucas Matthysse.
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