Trevor Lawrence including cryptocurrency to his playbook

NEW YORK — Trevor Lawrence is ready to money in on a number of platforms.

Lawrence, the doubtless No. 1 total NFL draft choose, signed an endorsement take care of cryptocurrency funding app Blockfolio on Monday.

Lawrence, the star quarterback at Clemson, is extensively anticipated be chosen by the Jacksonville Jaguars within the NFL draft, which begins on Thursday evening in Cleveland.

His signing bonus will are available in cryptocurrency, which can be deposited into his Blockfolio account in a wide range of crypto cash resembling Bitcoin, Ethereum and Doge.

Bitcoin and different digital currencies have elevated in worth over the previous 18 months as a higher variety of firms and people have accepted them as a type of cost.

Bitcoin, which was value lower than $10,000 initially of 2020, tripled in worth over 2020 and now’s buying and selling at roughly $53,000 a coin.

Firms resembling Tesla now settle for the forex as a type of cost on their electrical autos, and firms resembling Sq. and Venmo now permit people to carry Bitcoin inside their apps. The digital forex brokerage Coinbase went public this 12 months at a worth of greater than $80 billion.

A number of NFL gamers already are concerned in cryptocurrency. Panthers veteran offensive sort out Russell Okung lately grew to become an investor and adviser of Fold, a bank card that enables folks to build up Bitcoin after they store at retailers.

Okung, coming into his eleventh NFL season, tweeted late final 12 months “Paid in Bitcoin” and tweeted on Monday that “Bitcoin is inevitable.”

Additionally, Chiefs tight finish Sean Culkin, who’s coming into his fifth NFL season, tweeted on Monday that he’s changing his 2021 wage into Bitcoin. He has two receptions for 36 yards for his profession. He spent his first three seasons with the Chargers earlier than taking part in one recreation final season for the Ravens.

———

Extra AP NFL protection: https://apnews.com/hub/NFL and https://twitter.com/AP—NFL