{"id":8666,"date":"2021-06-23T18:54:09","date_gmt":"2021-06-23T18:54:09","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/ftx-becomes-mlbs-official-cryptocurrency-exchange-brand-in-long-term-deal\/"},"modified":"2021-06-23T18:54:09","modified_gmt":"2021-06-23T18:54:09","slug":"ftx-becomes-mlbs-official-cryptocurrency-exchange-brand-in-long-term-deal","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/ftx-becomes-mlbs-official-cryptocurrency-exchange-brand-in-long-term-deal\/","title":{"rendered":"FTX Becomes MLB\u2019s Official Cryptocurrency Exchange Brand in Long Term Deal"},"content":{"rendered":"

Following the naming rights deal for the NBA\u2019s Miami Heat arena and the partnership with the esports giant TSM, FTX Trading Limited revealed a long term partnership with the professional baseball organization Major League Baseball (MLB).<\/strong><\/p>\n

FTX Partners With Major League Baseball<\/h2>\n

FTX Trading Limited and its parent company West Realm Shires Services Inc., has announced \u201ca new long-term, global partnership,\u201d according to mlb.com<\/a>. The deal means that FTX will be the official cryptocurrency exchange brand for the professional baseball league. The long-term partnership is meant to increase FTX Trading Limited\u2019s \u201cbrand awareness,\u201d alongside helping the MLB innovate.<\/p>\n

The FTX.US logo will be featured on umpire uniforms at the MLB\u2019s All-Star Game in July. The company has also formed an agreement with MLB Players Inc. and this gives the crypto exchange promotional-channel access and the rights to \u201cplayers in content creation.\u201d Sam Bankman-Fried, the CEO and founder of FTX said the company looks forward to announcing further details about the MLB partnership in the future.<\/p>\n

\u201cIt\u2019s an honor for FTX to be the first cryptocurrency exchange to be associated with the history and tradition of America\u2019s national pastime,\u201d Bankman-Fried said in a statement. \u201cFTX.COM and FTX.US are excited to enter this first-of-its-kind partnership with Major League Baseball. At FTX, we strive each day to make a positive global impact, and there is no better partner for us to achieve this goal with [the] MLB and its international fan base,\u201d he added.<\/span><\/p>\n

<\/p>\n

FTX and MLB Partnership Follows Miami Heat Arena Naming Rights and the Deal With Esports Giant TSM<\/h2>\n

During the first week of June, FTX <\/span>announced<\/span><\/a> that it signed a naming rights deal with U.S. professional esports organization TSM for $210 million. The deal with TSM has made it so FTX can rename the company \u201cTSM FTX.\u201d The announcement further detailed that the TSM FTX plan is to expand the operations and enter new markets in South America and Asia. Before the TSM deal, FTX acquired another naming deal in an <\/span>arrangement<\/span><\/a> with the NBA\u2019s Miami Heat arena owners in Florida.<\/span><\/p>\n

Bankman-Fried\u2019s company also worked with Chess.com during the \u201cFTX Crypto Cup.\u201d In the FTX Crypto Cup, Magnus Carlsen beat Wesley So in the Champions Chess Tour final which ended up being an \u201call-decisive armageddon game.\u201d The leading crypto exchange Coinbase had also partnered with Chess.com this year with the contest called \u201cCryptochamps,\u201d a crypto-themed chess tournament. As far as the MLB deal, the league looks forward to growing with the maturing crypto industry. <\/span><\/p>\n

\u201cThis is an incredibly exciting announcement for everyone in Major League Baseball as we partner with a global leader in the early stages of their unbelievable growth,\u201d MLB chief revenue officer Noah Garden stated during the announcement. \u201cFTX quickly cultivated itself into a worldwide leader in the ever-evolving cryptocurrency industry and continues to build on its already impressive reputation. Our fans have been early adopters in using new technologies to engage with our game,\u201d he added. <\/span><\/p>\n

What do you think about the partnership deal between FTX and MLB? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nNews, Brand, Chess.com, Crypto, Cryptocurrency, Deal, Esports Company, FTX Exchange, FTX Trading Limited, Major League Baseball, Miami Heat Arena, MLB All Star Game, MLB Players Inc., Naming Rights, Noah Garden, partnership, rebrand, Sam Bankman-Fried, TSM, TSM FTX<\/p>\n","protected":false},"excerpt":{"rendered":"

Following the naming rights deal for the NBA\u2019s Miami Heat arena and the partnership with the esports giant TSM, FTX Trading Limited revealed a long term partnership with the professional baseball organization Major League Baseball (MLB). FTX Partners With Major League Baseball FTX Trading Limited and its parent company West Realm Shires Services Inc., has…<\/p>\n","protected":false},"author":0,"featured_media":8667,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8666"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8666"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8667"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}