CRISTIANO RONALDO has signed an exclusive deal with cryptocurrency firm Binance.
The Manchester United star has said he is “proud” to have partnered with the controversial firm.
Cristiano Ronaldo has signed an endorsement deal with BinanceCredit: ReutersThe Mail writes that Binance has been branded a “significant risk” to consumers by the city watchdog.
Bitcoin peaked last autumn, but has since seen its value crater by more than 70 per cent.
Some experts fear that a “crypto winter” is set to strike the industry.
It’s felt that electronically producing bitcoin via computer algorithms could become more expensive than the value of the currency itself.
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Man Utd quoted £115m for Ajax duo, Maguire swap deal REJECTED
Ronaldo, 37, is set to work with Binance to create a range of NFTs.
Using Binance, consumers can buy and sell digital coins.
Binance have been ordered to stop regulated activities in the UK by the Financial Conduct Authority.
They are also under investigation in the US, according to Bloomberg.
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Ronaldo reportedly earns £510,000 a week at Man United.
He is also believed to pocket £14.7million per year from Nike, having penned a ten-year contract in September 2016.
Ronaldo recently enjoyed a date night with stunning partner Georgina.
The loved up couple have recently been soaking up the sun during a luxury holiday in the Mediterranean.
Ronaldo enjoyed a summer on the high seas with his familyGeorgina Rodriguez, Ronaldo’s stunning partner, shared holiday photos on social media
Source: Soccer - thesun.co.uk
