A popular American football quarterback, Trevor Lawrence, has signed a multi-year sponsorship deal with Blockfolio, a cryptocurrency portfolio tracking and management company. Under the agreement, the footballer can choose to receive his future bonuses in cryptocurrencies like Bitcoin.
Blockfolio Now Sponsors Trevor Lawrence
As reported on Monday, the development marks the first crypto sponsorship deal ever bagged by the Clemson Tigers’ quarterback.
We believe that Trevor is the future of football, and we think that crypto is the future of finance. Trevor represents a lot of the promise and potential of football at the highest level, and we think that crypto represents the same thing at the highest level of finance.
Sina Nader, COO of Blockfolio
Although Blockfolio did not disclose the exact number of cryptos – Bitcoin, Ethereum, and Solana – paid to the footballer, the company said the player’s first bonus was paid in cryptocurrencies on Friday. As per the report, the cryptocurrencies deposited to Lawrence’s Blockfolio account are worth more in today’s price.
Lawrence’s interest in cryptocurrencies led him to choose the crypto company amongst other companies in the banking and stock trading sector.
When it comes to my crypto portfolio, I wanted a long-term partner in the space that I could trust.
Trevor Lawrence
The Sports Industry is Loving Crypto
Interest in digital currencies in the sports industry seems definitely on the rise. For example, one of the top English football teams, Southampton FC, recently scored a new sponsorship deal with Coingaming Group. It will enable the club to distribute performance bonuses to players in Bitcoin at the end of every season until the next three years.
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