COMP NEWS – Two professional athletes, Nascar driver Landon Cassill and MLS Forward CJ Sapong, have opted to receive part of their salaries in the form of digital cryptocurrencies. They join a growing line of active sports professionals that have begun to diversity their compensation with various forms of digital currency.
Hedge, a cryptocurrency fintech company that converts payroll into Bitcoin, Litecoin or Ethereum, today is proud to announce that NASCAR driver Landon Cassill and MLS Forward CJ Sapong have begun using their platform to convert a portion of their salaries directly into cryptocurrencies.
Cassill, whose #4 car will race in tomorrow night’s WaWa 250, has been a crypto pioneer in the NASCAR community, by accepting his sponsorship from both Hedge and crypto platform partner Voyager in the popular cryptocurrency Litecoin earlier this year. Moving forward from tonight’s race, Landon will also automatically convert a portion of his regular salary into cryptocurrencies Litecoin and Bitcoin.
CJ Sapong, rated as one of the top 50 players in Major League Soccer, is an advisor to Hedge and will also be converting a portion of his MLS salary into Litecoin through the service. CJ will have his converted pay sent to a partner wallet of Hedge, Digifox. Digifox has also chosen to directly integrate Hedge into it’s own platform as a way for it’s own users to also take advantage of the ability to dollar cost average through payroll conversion.
Cryptocompensation has become a growing trend over the past year, with other pro athletes and sports stars opting to receive part of their considerable salaries as a digital currency.
Some professional sports teams have made the jump entirely, such as the Sacramento Kings’ offer to pay its members and coaches in cryptocurrency should they desire.
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