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NHL's Sharks to Start Accepting Dogecoin, Bitcoin, Ethereum, and Other Coins

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Mon, 7/06/2021 - 17:49
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NHL's Sharks to Start Accepting Dogecoin, Bitcoin, Ethereum, and Other Coins
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The San Jose Sharks, a professional ice hockey team that competes in the National Hockey League (NHL), will start accepting Dogecoin, Bitcoin, Ethereum, and some other cryptocurrencies after partnering with payment processor BitPay, Sports Business Journal reports

From the get-go, it will be possible to use crypto for making substantial purchases such as season-ticket memberships and sponsorship deals, according to President Jonathan Becher.

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The official app of the California-based hockey franchise will also add a crypto payment option.

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Becher claims that PayPal’s foray into crypto has made the Sharks comfortable with the novel asset class:

We're accepting PayPal, so then by definition, we're accepting cryptocurrency. Why not embrace it and make it more visible as opposed to just doing it through a third party?

Earlier this year, Mark Cuban's Dallas Mavericks also started accepting Dogecoin payments.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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