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Boxer Manny Pacquiao launches first ever celebrity cryptocurrency

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(KGTV) -- Famed Philippine boxer Manny Pacquiao launched a cryptocurrency Sunday at a free concert, The Guardian reports.

Pacquiao, who is also a senator in the Philippines, defeated Keith Thurman to win the WBA welterweight super championship, the paper reports.

According to The Guardian, Pacquiao’s “Pac” tokens will allow his fans to buy his merchandise and interact with him on social media.

The tokens will be listed on Singapore’s Global Crypto Offering Exchange.

The introduction of the “Pac” tokens marks the first ever celebrity cryptocurrency.