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
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
FXT Claims Now Trading at almost 80 cents to the Dollar FXT Claims Now Trading at almost 80 cents to the Dollar
Latest News More More
23 Hours Ago Mt. Gox pushes repayment plan deadline to October 2025
23 Hours Ago Ripple co-founder donates $1 million in XRP to Harris campaign
1 Day Ago Web3 momentum accelerates at Binance Blockchain Week 2024 in Dubai
1 Day Ago Justin Sun elected Prime Minister of Liberland micronation
2 Days Ago Cardano hosts first smart contract legally enforceable in Argentina

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