Cryptocurrencies

FTX Signs Major League Baseball Sponsor Pact

  • FTX expected to announce additional details later in year
  • Partnership isn’t FTX’s first foray into the world of sports
Photographer: Michael Reaves/Getty Images
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Cryptocurrency derivatives platform FTX said Wednesday it’s partnering with Major League Baseball as a sponsor and the organization’s official crypto-exchange brand.

The company says the partnership is the first-ever between a major U.S. professional sports league and a cryptocurrency exchange, with more details to come later in the year.