Crypto.com Walks Away From Nearly $500

Crypto.com Walks Away From Nearly $500,000,000 Sponsorship Deal With Major European League

-Crypto.com is no longer interested in sponsoring the UEFA, after initially agreeing to a five-season deal worth $99.9 million per year.

-The deal fell apart after Crypto.com took legal advice regarding its discussions with national regulators in some key European countries.

-The abrupt end of the negotiations had nothing to do with the downturn of the crypto markets this year.

-Last year, the digital assets exchange inked a deal to pay $700 million over 20 years to change the name of the home of the NBAs Los Angeles Lakers and Los Angeles Clippers to Crypto.com Arena.

rolls out altcoins Crypto.com Walks Away From Nearly $500,000,000 Sponsorship Deal With Major European League

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