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

ECB Appoints Advisory Group for Digital Euro Project
ECB Appoints Advisory Group for Digital Euro Project The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Ad
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
UAE Launches "Financial Infrastructure Transformation" Program; CBDC Among 9 Key Objectives On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the lau
Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst
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
XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst
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
TON is paving a path to the future for crypto
Tim Delhaes1 hour agoTON is paving a path to the future for cryptoTON"s integration with Telegram has made it easier for users to use crypto to pay for goods and services — without realizing it involves blockchain.271
SingularityNET and Filecoin partner for AI and DePIN
Josh O"Sullivan11 hours agoSingularityNET and Filecoin partner for AI and DePINSingularityNET and Filecoin collaborate to integrate decentralized AI and DePIN, emphasizing ethical AI development and decentralized infrast
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone"s Record Q1 Company Registrations Crypto and blockchain firms constituted 16% of the 655 new company registrations that
Turkey Prepares to Increase Oversight in the Crypto Space
Turkey Prepares to Increase Oversight in the Crypto Space Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to intr
Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution
The market’s New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his “cautiously
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries During the early years of the cryptocurrency space, decentralized autonomous organizatio
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies h
Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025
Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025 Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in plac