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Home BUSINESS

Everything You Need to Know About the Coinbase and Canadian Football League Partnership

Michael Juanico by Michael Juanico
October 24, 2024
in BUSINESS, CRYPTO, SOCIAL
Reading Time: 3 mins read
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• Coinbase becomes the first crypto partner of the Canadian Football League (CFL) and the 111th Grey Cup
• Coinbase is giving away 25 in bitcoin to every CFL fan after their first trade on the Coinbase app or website
• One lucky winner will receive a grand prize of $50,000 in bitcoin and an Ultimate Grey Cup Experience trip for two to the 112th Grey Cup next season

Coinbase has partnered with the Canadian Football League (CFL) to become the league’s first-ever crypto sponsor. This collaboration marks a significant milestone as Coinbase joins forces with one of Canada’s most celebrated sports leagues.

JUST IN: @Coinbase partners with the Canadian Football League (@CFL) pic.twitter.com/grMaLuQ8sG

— BlockNews.com (@blocknewsdotcom) October 24, 2024

About the Partnership

As part of the partnership, Coinbase will sponsor the 111th Grey Cup and the coin toss at the game in November. Coinbase is committed to growing its presence in Canada through partnerships like this, demonstrating that Canada is a priority market.

There is a significant opportunity for growth in the Canadian crypto market, with an estimated 5 million crypto holders in the country. CFL fans make up a strong share of crypto-aware Canadians. Together, Coinbase and the CFL aim to deepen Canadians’ connections with crypto and provide them with tools to participate in the digital economy.

Promotions for CFL Fans

To celebrate the partnership and bring more Canadians into crypto, Coinbase is giving away $25 in bitcoin to CFL fans after their first trade on Coinbase’s app or website. Fans can also scan QR codes to earn tickets for next season or bitcoin prizes. One lucky winner will receive $50,000 in Bitcoin and a trip for two to the 2023 Grey Cup in Winnipeg.

www.coinbase.com

Coinbase in Canada

Coinbase officially launched in Canada in 2022 and has since become the largest and first international exchange registered as a Restricted Dealer.

According to Tyler Keenan, the CFL’s Chief Revenue Officer: “Partnering with a forward-thinking company like Coinbase allows us to grow our offerings and develop more exciting ways to connect with our amazing fans.”

About the Grey Cup

The 111th Grey Cup will be played on November 17 at BC Place Stadium in Vancouver, featuring the Jonas Brothers at halftime. Kickoff is set for 6 pm ET/3 pm PT.

Conclusion

This partnership demonstrates Coinbase’s commitment to increasing crypto adoption in Canada through partnerships with beloved institutions like the CFL. Coinbase’s promotions aim to bring more Canadians into the crypto economy and provide them with tools to get started.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Canadian Football LeagueCoinbasecryptoTyler Keenan
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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