Canada-based porn company has just increased their offer for Kanye West's highly sought-after sex tape to $5 million.

This comes after earlier reports that the Chicago rapper possibly has two X-rated home videos on the market. The official statement from states, "By purchasing both tapes, will bolster a Celebrity section like no other free, adult entertainment website. Upon purchase, will exclusively host both videos for free in the Celebrity section and then begin packaging the sex-tapes together for a DVD release."

" sees Mr. West as much more than a rapper. He is a cultural icon, responsible for setting trends in music and fashion. feels that these sex-tapes are not only an exclusive look into the star's intimate life but could also contain the same Midas touch Mr. West brings to all his projects."

Last week, the company made an initial offer for the tape before quickly raising the stakes to $1 million.

As previously reported, broke the news that a sex tape featuring ‘Ye and a Kim look-a-like had hit the market. The Web site published a screen grab of Kanye on the tape and reports that the tape stars an 18-year-old married woman. “My husband and I don’t have sex anymore…that’s why I’m here,” she tells West in the tape, according to Another tape, according to TMZ has also surfaced and is said to clock in around 40 minutes.

Stay tuned to for more updates on this story.—Ralph Bristout (@XXLRalph)