In a $17.5M Deal, FTX Acquires the Naming Rights to Cal Memorial Stadium

　　FTX has bought naming rights to the Cal Memorial Stadium in its subsequent significant games marking adventure in the wake of purchasing the naming rights to the Miami Heat field in March.

　　

　　Crypto helpers trade, FTX, has bought the naming rights to California University's Cal Memorial Stadium with a definitive goal of presenting its own checking.

　　The Sam Bankman-Fried had helpers trade is diving further into sports coming about to meaning a 10-year, $17.5 million naming rights manage the school.

　　The field's host pack, the Cal Golden Bears, will at present play their games on actually rebranded FTX Field this football season, as displayed by Bloomberg. The $17.5 million will in like way be paid to the school as crypto resources.

　　The arrangement is FTX's most recent introduction to supporting games to work up the insight of crypto.

　　In March, the North American division of the trade, FTX.US, went into a naming rights manage the Miami Heat b-ball pack. The affiliation saw the get-together's home-field rebranded to FTX Arena.

　　The affiliation is in like way the authority crypto trade of Major League Baseball (MLB). As a piece of the sponsorship bargain, which should keep on going for no under 5 years, each MLB umpire will wear a FTX fix on their uniform.

　　The Cal Memorial field is orchestrated in Alameda County, the namesake of Bankman-Fried's exchanging firm, Alameda Research.

　　A piece of FTX's bosses additionally has long-standing relationship with the Cal Golden Bears, with Chief Operating Officer Sina Nader having been a stroll around individual from the Golden Bears when he was an understudy.

　　In June, seven-time Super Bowl champion quarterback Tom Brady and companion Gisele Bündchen helped out FTX to progress crypto gathering. The plan saw Brady and Bündchen each take esteem stakes in FTX and get crypto.

　　On July 20, Cointelegraph revealed that FTX crushed the crypto subsidizing record with a $900 million raise to turn into a “trade decacorn” — an organization worth more than $10 billion.

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