Cryptocurrencies

FTX Crypto Exchange Buys Cal Memorial Stadium Naming Rights

‘FTX Field’ name is part of a 10-year, $17.5 million agreement
Firm’s COO Nader played football as a walk-on at UC-Berkeley

The California Memorial Stadium.
Photographer: Stephen Lam/Getty Images

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By Vildana Hajric and Joanna Ossinger

August 23, 2021 at 12:00 PM UTC

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The Cal Golden Bears will play their home games on newly rebranded FTX Field this football season, after the California university signed a 10-year, $17.5 million naming rights deal with cryptocurrency exchange FTX.US.