Coinbase announced on Friday that it has become an official partner of the Los Angeles Clippers through a sponsorship deal. This makes the cryptocurrency exchange an important part of fan interaction and branding for the NBA team's new arena, Intuit Dome.
The agreement, which marks a multi-year partnership between the two parties, will provide fans with exclusive experiences, limited edition merchandise and unique digital and physical collectibles. Financial details of the partnership were not disclosed.
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Coinbase's goal is to use this partnership to educate and engage Clippers fans about blockchain technology and cryptocurrencies," said a Coinbase representative. "Our goal is to provide a fun and safe way for fans to explore the transformative potential of these technologies and drive mainstream adoption."