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NBA Makes Coinbase Its Exclusive Crypto Partner

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Tue, 10/19/2021 - 18:21
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Alex Dovbnya
Coinbase has joined FTX in scoring major partnerships in the sports industry     
NBA Makes Coinbase Its Exclusive Crypto Partner
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The National Basketball Association has announced a multi-year deal with Coinbase, America's biggest crypto trading platform in an Oct. 19 press release.   

Coinbase will act as the exclusive partner of the NBA, NBA G League, Women’s National Basketball Association (WNBA), and other leagues. 

As part of the deal, the exchange will have a brand presence during televised games as well as unique content and activations that are meant to boost crypto awareness.   

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Kate Rouch, Coinbase's chief marketing officer, says that the company is proud of joining forces with the NBA:

The freedom to participate and benefit from the things you believe in is at the heart of Coinbase’s mission.  Nobody believes this more than NBA and WNBA fans. We’re proud to become the Leagues’ official cryptocurrency partner.

The shares of Coinbase are up roughly 3% at press time. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.