Fun

Crypto.com Signs Multi-Year Deal With LA’s Angel City Football Club

News Feed - 2021-12-22 02:12:54

Crypto.com Signs Multi-Year Deal With LA"s Angel City Football Club


The cryptocurrency exchange Crypto.com has announced the company has partnered with the Angel City Football Club (ACFC) as the ACFC’s official cryptocurrency and NFT partner. The deal follows a slew of sports-related partnerships Crypto.com has made this year, including acquiring the naming rights agreement to the former Staples Center home of the Los Angeles Lakers, and partnering with the largest mixed martial arts promotion company, UFC. Crypto.com Partners With Angel City Football Club


On December 21, the digital asset trading platform Crypto.com revealed it has partnered with the Angel City Football Club (ACFC), the 11th member of the National Women’s Soccer League. The expansion team is based in Los Angeles, California, and the team is expected to start playing in 2022. A myriad of high-profile owners co-own the team, including Serena Williams, Mia Hamm, and Natalie Portman. The team will be LA’s first women’s professional soccer team since the Los Angeles Sol ended in 2010.


Crypto.com inked a long-term partnership with ACFC and sources familiar with the matter told Bitcoin.com News that the deal will be around four years in length. The “four-year deal [is] roughly worth seven figures per annum,” the source explained to our newsdesk. Crypto.com says the deal is an effort to “foster financial education, independence, and financial empowerment.” The press announcement mentions how Web3 and cryptocurrency can bolster these goals.


“Key to Angel City’s goal to drive equity for women is to empower them with the tools and resources to be financially independent,” ACFC’s co-founder and president Julie Uhrman said in a statement. The ACFC executive added: Given the speed with which Web3 and cryptocurrency is changing our world, we want to ensure that women are being brought along on the journey as investors and creators. Partnering with Crypto.com was a natural fit given their leadership in the space and mission to level the playing field with crypto. We are excited to work with them to educate our community and players on crypto and allow our players to use the power of NFTs to connect with and create a deeper relationship with their fans. Crypto Companies Flock Toward Athletes and Sports


Crypto.com’s partnership with ACFC follows the company’s purchase of the naming rights to the Los Angeles Lakers’ arena and it is now called Crypto.com Arena. The exchange says the move with ACFC aims to continue the company’s prominence in LA. The company has also partnered with the popular mixed martial arts promotion company UFC, and did a commercial with celebrity actor Matt Damon.


Crypto.com is not the only company making headway into the sports industry as FTX has announced numerous partnerships with athletes and sports organizations this year. On Monday, FTX said it signed a partnership with Monumental Sports Entertainment (MSE), which gives it exposure to four professional sports teams. Leading digital asset manager Grayscale partnered with the New York Giants in May and last month, a baseball team in the Australian Baseball League, Perth Heat, inked a deal with the crypto firm Opennode. Tags in this story ACFC, ACFC co-founder, Angel City Football Club, Crypto, Crypto.com, crypto.com ACFC, Crypto.com Arena, Cryptocurrency, Digital Assets, ftx, Julie Uhrman, LA"s ACFC, Los Angeles Lakers, matt damon, National Women"s Soccer League, Opennode, soccer, Sports, UFC


What do you think about Crypto.com partnering with LA’s ACFC? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 4,900 articles for Bitcoin.com News about the disruptive protocols emerging today. Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals NEWS | 9 hours ago Elon Musk Criticizes the Current State of Web3, Wonders About Future of Metaverse NEWS | 13 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBitcoin Giveaway: Actress Gwyneth Paltrow Gives Away $500K in BTC for the Holidays Next articleLBank Exchange Will List Hot Cross (HOTCROSS) on December 21, 2021 Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItLending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million


Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it "the first product of its kind to hit the market." The company has also raised $70 million, which brings its ... read more.Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs Illegal Crypto Miners Threatened With Jail Time in Russia Indian Crypto Exchange Says 82% of Users Earn Profits This Year, Trading Volume Soars 1,735% Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets

News Feed

Zhiyuan Sun5 hours agoBitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.2769 Total views14 To
Reserve Bank of Zimbabwe ‘Developed a Roadmap for Adoption of CBDC,’ Says Governor
Reserve Bank of Zimbabwe "Developed a Roadmap for Adoption of CBDC," Says Governor The governor of the Zimbabwean central bank, John Mangudya, recently said his organization ȁ
Bitcoin Traders Fearful For First Time Since October: Buying Signal?
Este artículo también está disponible en español. Data shows the sentiment among Bitcoin traders has plunged into the fear territory following the crash in the cryptocurr
Cardano (ADA) Price Surges 32% In 4 Days: Here’s Why
Este artículo también está disponible en español. Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32
Solana Meme Coins Rising But Is This Deployer Dumping On Degens?
Este artículo también está disponible en español. Crypto prices are printing higher. Bitcoin, for example, broke above $66,000 before cooling off earlier today. Like the
Is Ethereum Price Set To Repeat History As 2017 Playbook Returns? Why This Time Could Be Bigger
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law
Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law The Shanghai High People’s Court has declared bitcoin to be a virtual asset p
Arijit Sarkar13 hours agoNew Binance CEO Richard Teng pitches ‘very strong’ foundation to skepticsTeng’s tenure will focus on three aspects of the business as CEO: reinstating investor confidence, collaborating wit
'Crypto King' Aiden Pleterski faces fraud, money laundering charges
Derek Andersen2 hours ago"Crypto King" Aiden Pleterski faces fraud, money laundering chargesPleterski and an associate were arrested months after multiple investor complaints and months of police investigation.406 Total
Asian Stocks Levitate as Fed's Repo Bonanza Continues
Asian stocks rose on Friday, with Japan"s benchmark index reaching new five-month highs amid reports that the Federal Reserve was pledging more liquidity to prop up the financial markets. Asian Markets Rise
Brayden Lindrea15 minutes agoCoinbase narrows loss while crypto trading volumes fall in Q3Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.59 Total viewsListen