Golden State Warriors suspend deal with crypto company FTX

  • 📰 sfexaminer
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

On Monday, the Golden State Warriors announced that they would be suspending their partnership with FTX, after their game against the San Antonio Spurs. They become the second NBA team to cut ties with the crypto company after it declared bankruptcy.

On Monday, the Golden State Warriors announced that they would be suspending their partnership with FTX, a cryptocurrency company, after their game against the San Antonio Spurs, according to ESPN.Last December, both the Warriors and FTX announced a"first-of-its-kind" cryptocurrency partnership in professional sports where FTX became the team's official cryptocurrency platform and NFT marketplace.

In addition to the cyber marketplace, FTX also had logo placement on the basket pole pads and press table for the Santa Cruz Warriors, the team's minor league affiliate. For its e-sports brands, FTX had its logo virtually placed on the Warriors Gaming Squad court during NBA 2K League games and integrated their digital presence into other live streams.

The final Chase Center promotion was a Jordan Poole bobblehead giveaway at the arena Monday night, which had been in the works months before the company declared bankruptcy last week. All other FTX-related promotions and ads have since been removed. FTX also have several other sports endorsements and partnerships. The company was prominently featured with a patch on Major League Baseball umpire uniforms.

You could've bought Steve Jobs' 'well used' sandals for cost of 168 MacBooks "The cork and jute footbed retains the imprint of Steve Jobs' feet, which had been shaped after years of use," according to the auctioneers

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 236. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Warriors join Heat, suspend deal with FTX after cryptocurrency company declares bankruptcyThe Golden State Warriors are suspending their deal with FTX, too.
Source: WOKVNews - 🏆 247. / 63 Read more »