Olympic Champion Nesthy Petecio on Importance of Financial Literacy
The Olympian turns to Coins.ph for guidance on managing her finances and improving her financial literacy, something she mentioned was not available to her when she was younger.
During a media roundtable announcing her new endorsement with Coins.ph, two-time Olympic medalist Nesthy Petecio highlighted the importance of financial literacy and noted that the collaboration will also help her manage her Olympic financial win.
What’s the significance: The endorsement highlights the growing trend of athletes leveraging their platforms to promote financial literacy and responsible management of earnings, especially in the context of significant career milestones.
Coins.ph x Nesthy Petecio
On August 20, 2024, Coins.ph revealed Petecio as their new brand endorser at BGC, Taguig City.
- About the Endorser: Petecio, a celebrated Filipino boxer, became the latest endorser for the Filipino fintech and cryptocurrency platform.
- The athlete bagged a silver medal in the 2020 Tokyo Olympics and a bronze medal in the 2024 Paris Olympics.
- What’s with the partnership? The boxer, being the new Coins.ph endorser, aims to educate and empower Filipinos on financial literacy and the benefits of digital assets through her journey.
- The start of endorsement: Petecio emphasized that Coins.ph had been supporting her even before she secured her medals in the Paris Olympics.
- Petecio’s financial literacy: The athlete then admitted that she does not know much about finance and sees the partnership as an opportunity to become more financially knowledgeable.
Key quote:
“Sobrang laking tulong po ito sa akin para mas maintindihan at makontrol ko, lalo na ‘yung mga premyong nakuha ko. Malaking tulong para mas lumawak ang kaalaman ko kung paano ko maipapamahala nang tama ang mga napanalunan ko at kung saan ko sila pwedeng i-invest.”
Nesthy Petecio, Olympic Champion and Coins.ph Endorser
[Translation: “This has been a huge help for me to better understand and manage, especially the prizes I’ve won. It’s a big help in expanding my knowledge on how to properly handle my winnings and where I can invest them.”]
Petecio’s partnership with Coins.ph shows how sports and digital finance are coming together in the Philippines.
- Athletes around the world are increasingly helping to promote financial literacy, cryptocurrency, and blockchain technology to the public.
However: Wei Zhou, CEO of Coins.ph, who was also in the media roundtable alongside Petecio, notes that while the connection between blockchain, web3, and sports in the Philippines is just beginning, there are promising opportunities, such as using NFT collectibles to authenticate experiences, creating fan tokens, and exploring the potential in gaming.
What’s next: Along with new Coins.ph ambassador Yassi Pressman, expect more campaigns from Coins.ph that target a broader audience group.
This article is published on BitPinas: Olympic Champion Nesthy Petecio on Importance of Financial Literacy
What else is happening in Crypto Philippines and beyond?
