avatar

FTX pays a $17.5 million naming fee in cryptocurrency

TokenInsight news, According to Bloomberg, FTX spent $17.5 million to obtain the naming right of Cal Memorial Stadium. The transaction was paid by crypto assets. This is the second stadium's naming right bought by FTX. The first one is NBA's Miami Heat and it was renamed FTX Arena. FTX also became the official exchange of Major League Baseball.
Source

FTX

In This Article

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims
FTX Aims to Begin to Repay Customers by the End of 2024 FTX Aims to Begin to Repay Customers by the End of 2024
FTX Claim Window Prices $BTC at $16,871, well below the Market Price FTX Claim Window Prices $BTC at $16,871, well below the Market Price
FTX Plans to Repay Customers in Full and The Exchange will not Re-start FTX Plans to Repay Customers in Full and The Exchange will not Re-start
Latest News More More
17 Hours Ago Pump.fun launches DEX called PumpSwap to instantly migrate graduated token
17 Hours Ago Total stablecoin market cap surpasses $230 billion amid institutional interest and Trump policies
1 Day Ago Bybit CEO says $16 million worth of stolen bitcoin funneled through Wasabi mixer to P2P vendors
2 Days Ago EOS rebrands to Vaulta amid pivot to 'web3 banking', plans to launch new token
2 Days Ago Ethereum developers to end support for Holesky testnet in September

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open