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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...

Voyager Digital announces $75M strategic investment from Alameda Research

The entente brings together a retail cryptocurrency brokerage and an emerging cryptocurrency market maker.

United States-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app, which also includes services such as yield farming.

According to the company’s website, Alameda Research was founded in 2017 and now manages $1 billion in digital assets. In addition, the firm claims to trade anywhere between $1 billion and $10 billion worth of major cryptocurrencies, altcoins and crypto-derivatives each day. The company took an active interest in decentralized finance, or DeFi, this past year.

Steve Ehrlich, CEO and co-founder of Voyager Digital, issued the following statement regarding the new partnership:

"While the immediate opportunity is on the order flow and asset management front, we are tremendously excited about potential future synergistic opportunities in the continuously evolving crypto industry. These opportunities include NFTs and crypto derivatives through Alameda, as well as the creation of thought leadership as we work with lawmakers on shaping regulation."

On Wednesday, the Dallas Mavericks basketball team announced a five-year partnership deal with Voyager Digital. The two aim to increase cryptocurrency adoption worldwide through the promotion of educational content and fan engagement. It also includes naming rights to the Mavs Gaming Hub, the official venue of the namesake basketball team.

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