Galaxy Digital has made its debut in sports sponsorship by displaying its brand logo at the US Open, marking the company's first sponsorship of a tennis player. This move is part of a broader trend where cryptocurrency companies are increasingly investing in sports to enhance brand visibility. Bitpanda and Arkham Intelligence have also entered the sports arena, sponsoring tennis players Gaël Monfils and Tommy Paul, respectively.
In addition to tennis, crypto firms have committed nearly $170 million to the Premier League for the 2024/25 season. With Bitcoin trading around $110,000, the industry is leveraging sports sponsorships to integrate more deeply into mainstream culture and expand its influence.
Crypto Firms Boost Sports Sponsorships with Galaxy Digital at US Open
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