certify
Home arrow Article arrow Article Detail

Crypto trading broker Voyager Digital partnering with Dallas Mavericks basketball team

Profile Image

Pavan A Follow

INDIA

Nov, 03 2021

Nov, 03 2021

likes | comments 0

Article Image

On Wednesday, 27th October, The Mavericks announced a five-year agreement with Voyager Digital. Anyone who downloads the Voyager app will receive $100 in the form of bitcoin. The offer will end at 11:59 p.m. CT on Saturday, according to the NBA team's digital content manager.

The NBA's Dallas Mavericks have signed a deal with Voyager Digital, which is a crypto trading broker, To become the team's first crypto brokerage and international partner in a five-year deal.

“The Mavs are proud to welcome Voyager to the Dallas Mavericks family,” said Mavericks owner, American billionaire entrepreneur Mark Cuban.

He adds, “Crypto assets and applications are changing how business and personal finance are done. We believe our partnership with Voyager will allow Mavs and NBA fans to learn more about Voyager and how they can earn more from Voyagers’ platform than from traditional financial applications.”

The basketball team was one of the first in the NBA to accept cryptocurrency payments for tickets and products under the ownership of Mark Cuban. The Mavs began accepting Bitcoin (BTC) in 2019, and this year — maybe as a result of Cuban's support for the meme-based currency Dogecoin (DOGE) — they expanded to incorporate the meme-based token.

The Mavs Gaming Hub, home of the Mavs' NBA 2K League franchise, will give naming rights to The Voyager app, which launched in 2018, offering over 60 different currencies to its 2 million verified users. The platform is one of a growing number of crypto businesses aiming to enter the sports industry.

As the crypto space grows and appears to become more profitable, many crypto companies and platforms have formed partnerships with sports organizations all over the world. In June, the crypto derivatives exchange FTX announced that it has signed an agreement to call the Miami Heat's home stadium FTX Arena until 2040, making it the official sponsor of Major League Baseball.


likes | comments 0

Profile Image

Pavan A

CBW - External Analyst

INDIA

Comments
Data Centre Construction - World First artificial intelligence AI-Tech Utility Token
banner
Article
BIS to Monitor Stablecoins, Focus on CBDC Experiments

The Bank for International Settlements (BIS), known as the "bank for central banks," plans to ramp up its research of central bank digital currencies (CBDCs) through its research and development arm..;

Disclaimer: The information is for informational purposes only.​ This advertisement does not constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. None of the information and/or content available through this advertisement is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any company, financial product, security or commodity. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable or result in any investment or other losses. In Making the investment decision, investors must rely on their own examination of the issuer and the terms of the offerings, including the merits and risks involved. Investments are speculative, illiquid, and involve a high degree of risk , including the possible loss of investment.