Having retired in 2017 after beating Conor McGregor, Money will square up to the Japanese fighter in a three-round boxing exhibition under boxing rules.
The exhibition will headline the RIZIN 14 event of a Japanese MMA organization RIZIN FF, which streams exclusively on FITE TV.
And due to a possible lack of viewers, fans doubted the fight would ever go ahead.
But Mayweather, bearing an impeccable 50-0-0 record, has confirmed in a video shared on Instagram he will definitely fight Nasukawa on December 31.
In the video, he appears to watch the 22-year-old fighter knocking out his opponents and then says: "Hey Tenshin. Let's fight now."
Kickboxer Nasukawa, similarly to Mayweather, is unbeaten in his career knocking out 27 opponents in 28 fights.
But in the three-round exhibition he will not be able to kick as the fight is under boxing rules.
Despite that, he said he would do a better job than McGregor did in his defeat to Mayweather in August 2017 – and even failed to rule out a knockout win.
Amir Khan called the fight "a joke" which is "hurting boxing", but Money has defended the bout and called on other fighters to learn from his business shrewdness.
He said: “Do what Floyd Mayweather did, accomplish what Floyd Mayweather accomplish, do record breaking things like Floyd Mayweather then you can say what you want to say.
“These guys are going out there fighting and getting two or three million, four million – three million, for fights for twelve rounds.
“We talking about sparring, I’m getting this for sparring, I make more than that just for sparring, that’s what I’m getting.
“We need to sit back and learn from Floyd Mayweather instead of try and knock Floyd Mayweather.”
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