FTX buys name rights to Cal Memorial Stadium for 10 years in $17.5M deal By Cointelegraph


FTX buys name rights to Cal Memorial Stadium for 10 years in $17.5M deal

Crypto derivatives exchange, FTX, has purchased the naming rights to California University’s Cal Memorial Stadium with a view to introducing its own branding.

The Sam Bankman-Fried owned derivatives exchange is delving deeper into sports after signing a 10-year, $17.5 million naming rights deal with the university.