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Coinbase was named official associate of the Canadian
Soccer League and the 111th Gray Cup, the crypto alternate introduced
right this moment (Thursday). As a part of the deal, Coinbase will sponsor the 111th
Gray Cup and the extremely anticipated coin toss in the course of the November occasion in
Vancouver.
Bringing Crypto Nearer to CFL Followers
In response to the highest crypto alternate, this partnership
targets the rising crypto adoption in Canada, the place an estimated 5 million
folks, about 13% of the inhabitants, are reportedly concerned within the crypto
area. The CFL’s partnership cope with Coinbase reportedly
marks the primary time a serious Canadian sports activities league has formally entered the world of cryptocurrency.
Commenting in regards to the partnership, Lucas Matheson, the
CEO of Coinbase Canada, mentioned: “The CFL is considered one of Canada’s most celebrated
sports activities leagues, and we’re thrilled to be partnering with them. Collectively, we intention
to deepen Canadians’ reference to crypto and supply them with the instruments and
alternatives to take part within the digital financial system, rising financial
freedom throughout Canada within the course of.”
Following the collaboration, the entities have invited
CFL followers to participate within the crypto financial system by Coinbase’s promotional
presents. Followers who make their first commerce on the Coinbase app or web site will reportedly
obtain $25 in Bitcoin as a part of the kickoff to this partnership.
Bitcoin Prizes
Moreover, followers scanning QR codes may have possibilities
to win Bitcoin prizes, common season tickets, or perhaps a grand prize of $50,000
in Bitcoin and an all-inclusive journey to the 112th Gray Cup in 2024.
The Gray Cup will characteristic further fan engagement,
together with the Twisted Tea Gray Cup Halftime Present, headlined by the Jonas
Brothers. With over 100 years of historical past, the Gray Cup is considered one of Canada’s famend
annual occasions.
This text was written by Jared Kirui at www.financemagnates.com.
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