Crypto.com Nabs FIFA World Cup Sponsorship for Undisclosed Sum

The exchange is adding the world’s most storied soccer tournament to its growing list of sports sponsorship deals.

AccessTimeIconMar 22, 2022 at 7:27 p.m. UTC
Updated May 11, 2023 at 4:12 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Crypto exchange Crypto.com has made another splash in the world of sports partnerships, announcing Tuesday it will be an official sponsor of the 2022 FIFA World Cup.

The partnership will put the exchange’s branding all around the tournament’s Qatar venue, as well as within the stadium’s broadcast view. The total compensation for the deal was undisclosed.

  • Philadelphia 76ers President on Crypto Ad Patch Deal With Crypto.com
    09:28
    Philadelphia 76ers President on Crypto Ad Patch Deal With Crypto.com
  • European Football NFT Platform Sorare Raises $680M Series B
    04:32
    European Football NFT Platform Sorare Raises $680M Series B
  • AS Roma Football Club Signs $42M Deal With Blockchain Fintech Zytara Labs
    05:17
    AS Roma Football Club Signs $42M Deal With Blockchain Fintech Zytara Labs
  • Blockchain-Based Fantasy Soccer Platform Sorare to Raise $532M in Funding
    03:44
    Blockchain-Based Fantasy Soccer Platform Sorare to Raise $532M in Funding
  • "No sport brings the world together like football, and no sporting event brings the world together the way FIFA World Cup does,” Crypto.com CMO Steven Kalifowitz told CoinDesk in a statement. “Only a few brands have the privilege to participate as official sponsors, and we jumped at the opportunity to be the first brand to represent the crypto industry in this historic month-long event.”

    Crypto.com made headlines in November when it acquired the naming rights to the iconic Staples Center in Los Angeles, renaming it Crypto.com Arena. The deal was estimated to cost $700 million, which makes it the largest naming rights deal in sports history.

    The exchange said in a Tuesday press release that it serves more than 10 million customers and has over 4,000 employees across offices in the Americas, Europe and Asia.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Eli Tan

    Eli was a news reporter for CoinDesk. He holds ETH, SOL and AVAX.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.