
Cryptocurrency exchange FTX has inked a multi-year deal with Riot Games for rights to display its branding during a seasonal tournament of the popular game League of Legends.
- The seven-year deal means FTX will have its logo displayed prominently during The League Championship Series (LCS) – North America’s pre-eminent tournament for the game.
- Riot Games said it was the largest sponsorship agreement it has signed for an esports league to date. The amount was undisclosed.
- Beginning this weekend, branding will appear during the tournament near the gold advantage resource counter as well as on the bottom left-hand side of the screen.
- Player net worth, total team gold, and gold graphs will also feature FTX branding next to those in-game stats.
- Additionally, FTX will directly sponsor the LCS’s “Most Improved Player Award.”
- In June, FTX acquired the naming rights for esports team TSM in a $210 million deal. TSM began as a League of Legends website and playing guide resource in 2009.
- League of Legends had over 120 million active monthly users in each of the past four months, making it one of the world’s most popular games, data show.
Related Stories
- Former CFTC Attorney Ryne Miller Joins FTX.US as General Counsel
- Gaming as a Tool of Economic Empowerment
- $100K in Bitcoin Up for Grabs as FTX’s MLB Team-Up Advances
- US Derivatives Traders Are Easily Bypassing Blocks on Offshore Exchanges: Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.