Cryptocurrency trading platform and financial platform Crypto.com (CRYPTO: CRO) has become the official crypto partner of the Angel City Football Club (ACFC) women’s soccer team. The club is set to become an expanded Women’s National Football League team that is expected to start playing in 2022.
What happened: The transaction is allegedly the first direct sponsorship of a professional women’s sports team through a major cryptocurrency platform, according to an announcement shared with Benzinga on Tuesday.
As part of the collaboration, Crypto.com will support financial education with customized crypto content for both players and fans, and looks forward to increasing cryptocurrency adoption and awareness of Web 3.0 developments. The sports club and the financial services company will also jointly issue non-fungible tokens intended to connect team fans with players.
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Co-founder of Crypto.com Chris Marsalek He said the partnership will greatly assist in efforts to provide financial education to the masses.
Alexis Ohanian The co-founder and CEO of social network Reddit and the club’s leading investor, shared his enthusiasm about the partnership, saying it would help “educate more women (and people in general) about what this technology can do” at the latter. tweet.
The report came after it was announced that Staples Center in downtown Los Angeles on Christmas Day would be renamed the Crypto.com Arena in one of the largest naming rights deals in sports history.
Cryptocurrency is becoming increasingly present in the sports scene, with Bitcoin (CRYPTO: BTC) It was recently linked to a professional soccer team. As reported by Benzinga, Bitcoin is an attorney, investor, and podcaster Peter McCormack He bought Bedford Football Club in the UK to make it a “Bitcoin at heart” football team.
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