Boxer part of the richest fight to launch own cryptocurrency

Eight-time world boxing champion Manny Pacquiao, who lost to Floyd Mayweather in the richest fight in boxing history in 2015, has announced he would launch his own cryptocurrency. Pacquiao has invested in Singapore-based Global Crypto Offering Exchange and his cryptocurrency "PAC Token" will be unveiled later this year. PAC Token would allow fans to buy Pacquiao's merchandise among other things.