The days of world-famous athletes promoting cryptocurrency exchanges have yet to return following the collapse of FTX (and a class action lawsuit against some of its promoters), but several stories from this weekend suggest that the world of athletics and cryptocurrency may be. do. Get closer again.
Last Saturday, Tyler and Cameron Winklevoss, co-founders of the Gemini exchange, announced that they had invested $4.5 million worth of Bitcoin in Real Bedford FC, a soccer club owned by Peter McCormack, host of the popular podcast What Bitcoin Did. The Winklevoss twins will take on co-ownership roles alongside McCormack, who purchased the team in 2021.
According to a press release, the investment is the largest ever for an English football club outside of the professional leagues and will be used to develop a new training centre, develop local talent and continue to support girls and young people. soccer.
The two newly minted co-owners likened Real Bedford’s underdog story to that of Bitcoin itself. post to“We believe Real Bedford, powered by Bitcoin and Peter’s leadership, has the ability to defy the odds, overturn existing systems and dethrone incumbents.”
VeChain’s UFC partnership evolves
Elsewhere in the sports world, VeChain and UFC announced the latest results of their partnership. Combat gloves with built-in NFC chip for authentication and fan engagement purposes. To celebrate the launch, the company announced that UFC President Dana White has created 25 exclusive sets of early gloves for celebrities like Joe Rogan.
“Improved gloves provide better protection for athletes, but integrated gloves $VET“The underlying chip provides the means to provide an immutable record of use and ensures that fans who receive the gloves receive authentic, blockchain-verified products, preventing fraud and preserving value,” the company said in a post to X. I wrote it.
VeChain’s partnership with UFC began in 2022 and reportedly generated $100 million in revenue over five years. sponsorship deal. VeChain praises the partnership as a success, helping drive adoption of the VeChainThor protocol.
Also in UFC news, UFC fighter Renato Moicano took to Bitcoin and demanded a $300,000 bonus prize in Bitcoin after a recent bout. Even though he didn’t win the bonus, Moicano’s Bitcoin shout-out earned him praise on social media.
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