FTX Announces New Partnerships With Four Sports Teams
 
 
 
 
 
 

FTX announces new partnerships with four sports teams

/ 07:56 AM January 09, 2022

One of the largest crypto exchanges in the market, FTX US announced that it will be partnering with some of the sports teams. The statements were also made by four leading professional sports teams from Washington, D.C., saying that FTX will become their major and official crypto exchange and NFT partner.

According to the statement by Monumental Sports and Entertainment, MSE, which is America’s leading sports and entertainment family company, FTX US will become the official cryptocurrency partner of the Washington Capitals hockey team.

In addition, the crypto exchange will also be partnering up with three other sports teams, which are the Washington Wizards men’s basketball team, the Washington Mystics women’s basketball team, as well as the Capital City Go-Go basketball team.

According to the representatives of the company, the deal signed between the sides will last for several years. It was announced by the representatives of Monumental Sports and Entertainment that thanks to this special partnership, FTX US will be able to receive special and exclusive rights for the future token drops by these four teams.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

In addition to this, it was also announced that the crypto exchange will become the main in-game highlight series, called Big Block-Chain.

This is just another step of FTX taken towards market innovation and future success. The crypto exchange has long been trying to work on different types of innovative ideas to support the future development of the crypto industry. Becoming part of such a deal can be viewed as a sign that the crypto industry is nearing the long-awaited mainstream exposure every single year.

Actively Working With Different Industries

The importance of the partnership was underlined by numerous market experts. The President of business operations at Monumental Sports and Entertainment, Jim Van Stone announced that this is just the beginning of the integration of blockchain technology with the sports experience.

ADVERTISEMENT

According to him, together, MSE and FTX will be able to create something new and exciting in the market, which will allow fans to go beyond their imagination. The partnership announced by FTX US and the major sports franchises in the country is just another partnership that FTX US is working on.

The company has made numerous similar announcements about different types of partnerships aimed at further developing FTX US as well as the crypt industry as well. For example, earlier in 2021 the company had announced a special partnership and agreement of $135 million with the Miami Heat’s, which has earned them the opportunity to name the stadium FTX Arena until at least 2040.

According to earlier published information, the company has also managed to be an official sponsor and partner of Major League Baseball starting from last June. It has also partnered with the University of Kentucky, allowing its Wildcats team to act as brand ambassadors.

ADVERTISEMENT

All of these steps taken by FTX US are very important for the future growth and development of the crypto exchange, giving it a new name and status in the industry.

FTX US – One of the Leading Exchanges

FTX is one of the largest and most popular crypto exchanges in the industry today, offering traders and investors high-quality services. With a valuation of over $25 billion, the company has been working on new and innovative ideas for a long time now.

Due to the many efforts that the crypto exchange has put into its future development, it has managed to become one of the top 5 largest crypto exchanges around the world. While the crypto exchange entered the US market only in 2020, it has still managed to become one of the leading players in the market very quickly.

FTX works very hard to ensure that it supports crypto traders and their future growth prospects. This crypto exchange is an amazing choice for traders of all different types. No matter what you are waiting for, you are very likely to find it on FTX. This crypto exchange can be a great option for manual as well as automated trading using crypto trading bot on FTX exchange.

Automated trading has become a very popular venture among crypto traders around the world, as it makes everything a lot easier. While analyzing the market on your own could take a few years, automated trading robots can do this in a matter of minutes. Some robots can also trade for you fully.

While FTX does not offer its own automated trading robots, it allows individual traders the opportunity to connect their accounts with automated trading robots using special API keys. Doing so is a very safe and secure venture and it also allows you to limit what the robot can access on your exchange account, which can further increase your safety and security.

The recent announcement by FTX to be partnering with some of the largest sports teams in the country is another step for it to increase its popularity. Such steps also help the crypto industry to be taken more seriously by individuals around the world.

As FTX continues to grow around the world, it is expected for the crypto exchange to announce many other similar partnerships with different types of companies and industries.

Want stories like this delivered straight to your inbox? Stay informed. Stay ahead. Subscribe to InqMORNING

Don't miss out on the latest news and information.
TAGS: crypto, gp
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.




This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.