Jake Paul will face Tommy Fury at Madison Square Garden, New York on August 6.
Paul confirmed the fight with Fury on Thursday afternoon after the pair traded words with each other on social media late on Wednesday.
The feuding rivals were set to meet in December, however the latter was forced to withdraw due to a severe chest infection and broken rib.
‘The Problem Child’, who is unbeaten in his first five professional contests went onto knockout ex-UFC star Tyron Woodley in six rounds in their rematch after a split decision win in the first contest, which the Brit featured on, outpointing Anthony Taylor on the undercard.
Fury, the half brother of WBC heavyweight champion, Tyson Fury confirmed he had signed the contract to face the American earlier on Thursday, after Paul had accused him of withdrawing from the fight.
“Just to let you all know the fight on August 6 is going ahead,” Fury said on Instagram.
“The contract has been signed.
“After weeks and weeks of waiting for Jake Paul to sign up to the drug testing and potentially putting the fight at risk, he’s finally signed up to the drug testing.
“We’ve agreed a contract that I’m happy with so the fight is going ahead and I’ll see you on August 6.”
Paul has been accused of not facing a recognised professional boxer during his five-fight unbeaten streak, but the 25-year-old will put those sentiments to rest when he steps into the ring against the 23-year-old, who he is set to come face-to-face with at a press conference in New York on Wednesday.
“Okay people he grew a set over night,” Paul wrote on Twitter.
“It’s official, Im taking this little Fury’s head off.
“Amanda Serrano and I dual main-event at the Mecca of boxing.
“Official press conference and ticket on-sale this Wednesday June 29th at 11AM.”
Fury, who is unbeaten in his first eight professional bouts beat Daniel Bocianski on points on the undercard of his brother Tyson’s sixth round stoppage of Dillian Whyte at Wembley Stadium in April.
Paul claims that his rival will earn $2m from the fight, which would be a career-high payday.
A UK broadcaster is yet to be announced, but is expected to land on BT Sport, the network affiliated with Frank Warren, Fury’s promoter.
On the undercard, seven-weight world champion, Amanda Serrano returns to the venue which staged her fight of the year contender loss to Katie Taylor in April, returning to featherweight to defend her WBC, WBO and IBO crowns against Brenda Carabajal.