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Crypto.com Signs $15M Esports Partnership With Fnatic

The five-year partnership is Crypto.com’s first in the esports space.

Updated May 11, 2023, 5:48 p.m. Published Sep 16, 2021, 1:00 p.m.
Crypto.com CEO Kris Marszalek (CoinDesk archives)
Crypto.com CEO Kris Marszalek (CoinDesk archives)

Crypto exchange Crypto.com has added London-based esports brand Fnatic to its growing roster of sports sponsorships, the company announced Thursday.

  • The five-year, $15 million partnership will add cryptocurrency payment options for Fnatic fans, and includes the launch of special digital products and non-fungible tokens (NFTs).
  • Fnatic will also feature the crypto exchange’s logo on the collarbone of its team jerseys, which are worn by players across games such as League of Legends, FIFA, Dota 2 and Apex Legends.
  • Crypto.com has joined fellow crypto exchange FTX in aggressively pursuing sports-related partnerships in recent months, signing deals with UFC, Formula 1, Lega Serie A, the Montreal Canadiens and Paris Saint-Germain. Crypto.com has 10 million customers worldwide.
  • Fnatic CEO Sam Matthews said in a press release that he looks forward to the partnership helping his customers make “smarter, healthier and future-proof cryptocurrency decisions.” The sports brand will also offer financial literacy and crypto education services to newcomers to cryptocurrencies and NFTs.
The Crypto.com logo will appear on the jerseys of Fnatic gamers (Crypto.com).
The Crypto.com logo will appear on the jerseys of Fnatic gamers (Crypto.com).
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Read more: FTX Acquires Naming Rights to Esports Organization TSM in $210M Deal


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Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.

What to know:

  • Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
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