FTX US signs up four more American sports teams via new partnership

U.S.-based crypto exchange FTX US signed on four more professional American sports teams through a partnership with their management company, Monumental Sports Entertainment (MSE), on Monday, according to an MSE release

FTX US is now the exclusive crypto exchange and non-fungible token (NFT) partner for MSE and its properties – adding to FTX US’s list of brands on its sports and entertainment-focused NFT marketplace launched on August 2. 

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The four athletic professional sports teams newly bolstering FTX US’s roster include the Washington Wizards men’s basketball team, Washington Mystics women’s basketball team, the Capital City Go-Go basketball team and the Washington Capitals hockey team. FTX US also now has access to competitive e-sports teams Washington District Gaming and Caps Gaming, as well as the Washington, D.C-based Capital One Arena. 

FTX US’s new partnership makes the second sports partnership the crypto firm made this month. On December 14, FTX US had partnered with the Golden State Warriors to become the basketball team’s primary marketplace for forthcoming NFT sales. And FTX US’s parent company signed on the University of Kentucky basketball team to its platform just a month prior on November 3.

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MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

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