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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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NYDIG head says major firms will announce Bitcoin ‘milestones’ next week

“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder

We are on the brink of Bitcoin’s mass adoption, says the CEO of Bitcoin investment firm NYDIG Robby Gutmann. 

Gutmann, also the co-founder of $10B asset manager Stone Ridge, told the “On the Brink" podcast on Mar. 15 that we can expect to see announcements from some of the firm’s strategic partners that will drastically change the traditional financial landscape.

“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.”

On March 8, NYDIG completed a $200 million growth capital round led by multiple major finance firms including Morgan Stanley, New York Life, MassMutual, Soros Fund Management, and FS Investments. Other NYDIG partners include fintech firms Kasasa, Nymbys, and Moven.

Gutmann didn’t say which partners will be making announcements but hinted that the news could involve providing greater access to Bitcoin for the wider public as well as other products and services.

Interestingly, one of the products NYDIG offers to partner firms is called 'Corporate Treasury', entailing a suite of treasury solutions purpose-built to enable corporations tpo hold Bitcoin.

“[The announcements] are going to mark progressively new points in Bitcoin adoption, Bitcoin availability, Bitcoin products and services within the existing traditional financial landscape.”

Last month, NYDIG submitted paperwork with the United States Securities and Exchange Commission to launch a new Bitcoin (BTC) exchange-traded fund.

Currently, the firm controls more than $3 billion in digital assets.

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