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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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Voyager Digital will be crypto brokerage partner for Dallas Mavericks

Under owner Mark Cuban, the basketball franchise was one of the first in the NBA to accept crypto payments for tickets and merchandise.

Crypto trading platform Voyager Digital has inked a deal with the Dallas Mavericks basketball team aiming to make crypto more accessible through fan engagement and other educational programs.

In an Oct. 27 announcement, Voyager Digital said it would become the Mavs first cryptocurrency brokerage and international partner in a five-year deal. The trading platform will also have naming rights over the franchise’s Mavs Gaming Hub in Dallas, a venue for the Mavs NBA 2K League team.

"This partnership gives us the opportunity to educate people all over the world on ways to use crypto in their everyday lives,” said Voyager Digital co-founder and CEO Steve Ehrlich. “We want to help people learn alternate ways to grow their wealth to achieve true financial freedom and build intergenerational wealth through crypto. We found a great partner to do this with in the Mavs and their owner, Mark Cuban, who is already deeply involved in the space."

Under owner Mark Cuban, the basketball franchise was one of the first in the NBA to accept crypto payments for tickets and merchandise. The Mavs first started accepting Bitcoin (BTC) in 2019, and this year — perhaps due to Cuban being a major Dogecoin (DOGE) proponent — expanded to include the meme-based token.

Related: Coinbase announces multiyear partnership with NBA and WNBA

Many crypto companies and platforms have formed partnerships with sports organizations across the globe as the space expands and seemingly becomes more profitable as a sponsor. Crypto derivatives exchange FTX announced it had become the official sponsor of Major League Baseball in June and previously struck a deal to name the Miami Heat’s home stadium the FTX Arena until 2040.

The announcement comes following the Mavs kicking off the 2021–2022 season on Oct. 6.

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