WWE Superstar Summer Rae to convert a portion of her Royal Rumble earnings to Cryptocurrency
Pro Wrestling veteran Summer Rae is set to make her WWE in-ring return at this Saturday’s Royal Rumble event. She recently made an appearance on FOX Business “Cavuto Coast to Coast” show (h/t Rajah).
She revealed that she will convert some portion of her WWE Royal Rumble earnings to Cryptocurrency, which would make her the first female pro-athlete ever to do so.
She was quoted as saying:
“I am excited to be converting some of my pay from the PPV into crypto with Hedge. As more professional athletes are starting to get paid in crypto, I think it’s important for female athletes. I am excited to be at the forefront of that movement!”
Summer Rae was named in an executive position with a Cryptocurrency company
A press release was issued where it was revealed that Summer Raw was named to be in an executive position with a Cryptocurrency company Cornerstone Global Management Inc, and she has also decided to receive a portion of her Rumble pay in Bitcoin and Litecoin via Hedge, which is a pay conversion platform run by the same company.
Many athletes have come forward recently to state they have or will be converting all or some of their pay, signing bonuses or other income into cryptocurrencies, but all have been males. This is not lost on Danielle as she prepares to re-enter the ring as Summer Rae.
The CEO of Cornerstone Global Management, Inc., David Schwartz also agrees it’s time for female athletes to take centre stage and be recognized within the cryptocurrency space.
“I’m very excited for Danielle. She’s getting to go back into the ring, which is something she’s wanted to do for a bit now, and also putting her money where her mouth by actually converting some of her pay into crypto. It’s a watershed moment for female athletes to be included in the crypto space, and I’m proud she’s the one who is able to usher that in.”
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