Another Partnership News from FTX USA!

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The US branch of FTX, which also has a partnership with Binance, the world’s largest cryptocurrency exchange in terms of transaction volume, and is one of the most respected cryptocurrency exchanges in the world in terms of futures, took action to increase its effectiveness in the sports industry and came to the fore with the news of a new partnership.

The US arm of the leading crypto exchange announced that they have signed a partnership with Monumental Sports and Entertainment. The US-based crypto exchange has signed with 4 more professional American sports teams thanks to this partnership.

These 4 new athletic professional sports teams are Washington Wizards men’s basketball team, Washington Mystics women’s basketball team, Capital City Go-Go basketball team and Washington Capitals hockey team. As it is known, Monumental Sports and Entertainment (MSE) is one of the largest sports companies in Washington D.C, which oversees the Washington Wizards of the NBA teams, Washington Capital of the NHL and Washington Mystics of the WNBA. It also owns Capital One Arena, home of three teams.

Although the details of the said partnership are not fully known, this agreement will make FTX USA the company’s exclusive NFT and crypto exchange partner.

However, this new partnership isn’t the only sports marketing deal the FTX brand has signed this year. Last week, the company also signed a $10 million deal with the Golden State Warriors.

Also pursuing exclusive partnerships with college football and basketball teams, FTX has paid $135 million over the next 20 years to acquire the naming rights to the Miami Heat’s stadium.

In the USA, where such sports are followed a lot, sponsorships like this will enable all people to view cryptocurrencies more positively and enter this sector.

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