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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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Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball

Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball Leagues

Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball.

NBA’s First Cryptocurrency Platform Partnership

The Nasdaq-listed cryptocurrency exchange Coinbase and the National Basketball Association (NBA) announced “a multiyear partnership” Tuesday.

The partnership “makes Coinbase the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League and USA Basketball,” the announcement details, adding:

The deal, which marks the first cryptocurrency platform partnership for each league, will consist of unique content, innovations, activations and experiences from Coinbase to educate fans on the increasing advancements happening across the cryptoeconomy.

The NBA G League, or the G League, is the National Basketball Association’s official minor league basketball organization. The NBA 2K League is a joint venture between the NBA and video game publisher Take-Two Interactive.

USA Basketball is a nonprofit organization and the national governing body for men’s and women’s basketball in the U.S. It represents the country in the International Basketball Federation (FIBA) and the men’s and women’s national basketball teams in the U.S. Olympic and Paralympic Committee.

“Beginning with tonight’s tip-off of the NBA’s 75th Anniversary season, Coinbase will have a brand presence featured during nationally televised games,” the announcement adds. “The company will also become the presenting partner of the WNBA Commissioner’s Cup and the USA Basketball men’s and women’s national team exhibition tours, as well as a partner of NBA G League Ignite.”

Kerry Tatlock, NBA’s senior vice president of Global Marketing Partnerships and Media, commented:

We look forward to collaborating with Coinbase to provide fans with new ways to engage with the league and each other, while also enhancing the experience for fans who are already Coinbase users.

What do you think about Coinbase’s partnership with the NBA? Let us know in the comments section below.

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