UFC Partners With Crypto.com — Sources Say $175 Million Deal Is MMA Firm’s La...
The cryptocurrency exchange Crypto.com has revealed the company has entered a partnership with Ultimate Fighting Championship (UFC) as the firm’s global fight kit partner. Reports stemming from people familiar with the matter say the partnership is a ten-year deal worth $175 million and the UFC’s largest sponsorship deal to date. UFC Names Crypto.com First-Ever Global Fight Kit Partner The digital currency firm Crypto.com has partnered with the UFC and will be the mixed martial arts (MMA) organization’s global fight kit partner. This means the Crypto.com brand will be....
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The deal terms were not publicly disclosed, but according to sources, it’s worth $175 million over 10 years. Ultimate Fighting Championship, a major global mixed martial arts organization, continues its deep dive into the cryptocurrency industry by announcing a sponsorship deal with a cryptocurrency exchange.UFC announced Wednesday that it agreed to a fight-kit partnership with Crypto.com, one of the world’s largest crypto trading platforms by trading volumes, CNBC reported.According to CNBC, the sponsorship is worth $175 million and will last over 10 years.As part of the agreement,....
By acquiring PT Kripto Maksima Koin, the tech giant pursues a goal to become "a diverse money management hub." Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in the merging of mainstream and crypto in the fourth most populated country in the world. As reported by Reuters, the sum of the acquisition of 100% shares by the country’s “biggest tech firm” came to 124.84 billion rupiahs ($8.38 million). The deal was finalized on Aug. 25, according to Indonesian media.....
More than 30 R3 member banks are expected to invest in the blockchain consortium startup as part of its ongoing $150m funding round, a source close to the deal told CoinDesk. According to sources with knowledge of the details, the funding round would find R3 Partners (the startup's capital vehicle) retaining 40% of the company, with member banks allotted the remaining 60% of the venture. R3 members reportedly had until last Friday to declare non-binding interest in the funding round. Members who do not participate are reportedly able to join R3 Labs, a separate entity that includes all....
Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources.
Dapper Labs will reportedly become the second-largest source of digital licensing revenue for the NFL Player’s Association as part of a deal to launch tokenized NFL collectibles. Dapper Labs, the creators of NBA Top Shot and top crypto derivatives exchange FTX are both turning to the National Football League as part of their expansion initiatives. Dapper Labs is reportedly working on an NFL collectibles marketplace, while FTX has signed an endorsement deal with star running back Aaron Jones of the Green Bay Packers. Dapper’s latest move comes one week after the firm teased — as part of its....