NEW!Incredible offer for our exclusive subscribers! Read More
Crypto

Grayscale Forms Partnership With New York Giants

1 Mins read

Crypto asset manager Grayscale Investments has formed a partnership with the NFL team the New York Giants.

Source: cryptobriefing.com

Grayscale Offers Sponsorships and Seminars

According to Grayscale, the firm will primarily act as the sponsor of upcoming events, including home games, the Giants Foundation Golf Outing, and the Giants Training Camp.

Grayscale will also host optional educational seminars on cryptocurrency for team personnel on a yearly basis.

Giants Chief Commercial Officer Pete Guelli has stated that Grayscale will guide it “in navigating the cryptocurrency ecosystem,” adding that the firm “has the institutional knowledge and network of partners that we can access as crypto continues to evolve.”

However, it remains to be seen how the New York Giants will make use of cryptocurrency in a particular sense. It is not clear whether the group will invest in Bitcoin or accept cryptocurrency as a means of payment for merchandise and payments.

Cryptocurrency and the NFL

Grayscale noted in its announcement that it is the first cryptocurrency business to partner with an NFL team.

However, this is not strictly true. In 2019, the Miami Dolphins partnered with Aliant Payments and the Litecoin Foundation. That partnership allowed users to buy select tickets with Litecoin.

Meanwhile, outside of the NFL’s official efforts, several players have sought payment in cryptocurrency with varying success, including Matt Barkley (the Buffalo Bills) and Russell Okung (the Los Angeles Chargers), and Trevor Lawrence (the Jacksonville Jaguars).

In other news, an internal memo seen in March suggests that NFL executives are in “active discussions” with potential partners on non-fungible tokens (NFTs) or cryptocollectibles.

Disclaimer: At the time of writing this author held less than $75 of Bitcoin, Ethereum, and altcoins.

Related posts
AltcoinsBTCCryptoETHMiningOther

Coins-bit.net protects your money

1 Mins read
Coins-bit.net, it is at the forefront of the cryptocurrency industry By Coins-bit.net analyst For instance, Coins-bit.net it is at the forefront of the cryptocurrency industry…
CryptoMarketsNews

Cointolab deposit x2

1 Mins read
Cointolab deposit x2 for new users. The stock exchange has launched a promotion of 200% deposit on the first deposit for new…
CryptoMarketsNews

Cointolab deposit x2

1 Mins read
Cointolab deposit x2 for new users. The stock exchange has launched a promotion of 200% deposit on the first deposit for new…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *