$ 29,404.00 2.58%
$ 1,989.75 2.08%
$ 49.99 4.16%
$ 0.084595 1.78%
$ 7.72 2.78%
$ 1.41 0.28%
$ 0.000171 13.31%

Aussie exchange Swyftx unveils massive three-year deal with NRL

rugby g faaa e

TR; DR Breakdown

  • NRL has aggred to a three-year partnership deal with Swyftx
  • Swyft yet to reveal how much NRL agreement is worth

Cryptocurrencies are becoming increasingly popular in Australian sports, with the NRL signing a three-year partnership with Swyftx, one of the leading cryptocurrency exchanges in Australia. The agreement marks the first time the NRL has a cryptocurrency company as its official partner.

NRL now sponsored by Aussie exchange

Swyftx has yet to reveal how much the NRL agreement is worth in comparison to the massive five-year, $25m deal between the AFL and that was announced in January. However, the deal is thought to be worth several millions of dollars. This deal could allow NRL fans in Australia to buy barbecues and food at their favorite stadiums using Swyftx accounts. In NSW and Queensland, the first equipment has already been deployed.

The National Rugby League is Australia’s most popular sports league, and it is also one of the world’s most-watched. This is the first time the NRL has had a cryptocurrency sponsor.

It’s certainly groundbreaking. We are ecstatic about this agreement.

Todd Byrne, CEO of Swyftx

Swyftx to produce loyalty programs

In addition, the exchange will provide loyalty programs, incentives, and discounts to its users. There will also be chances for fans to win tickets, apparel, food, and game-day experiences through the program.

This loyalty program will allow them to build important relationships with businesses that can help Swyftx in its mission to become Australia’s number one digital currency exchange. The NRL deal follows last month’s appointment of former Brisbane Broncos CEO Bruno Cullen as chairman of Swyftx.

Luke Gooden, the NRL’s general manager of growth, digital, and audience, stated that the exchange would be a fantastic marketing partner for the code. He spoke glowingly of the an ambitious team with big plans for the Australian market, something they can hope to grow their business globally.

The deal follows a recent announcement that the exchange would be partnering with Afiniti to introduce its blockchain technology into the National Rugby League competition.

Dennis Mugambi

Dennis Mugambi

Dennis is a content writer with a deep understanding of the blockchain domain and cryptocurrency field. He infuses cold data with flair to make technology and finances mind-blowing. His reports both fascinate and awaken the readers.

Related News

Hot Stories

Michael Saylor says market crash will benefit Bitcoin
Ethereum wipes out $8.10B while eagerly awaiting 'The Merge'
Terra admits to facing technical issues in resuming LUNA and UST transfer 
RoboApe could be valued over Dogecoin and other crypto-memes.
Crypto exchanges are relisting LUNA after the crash

Follow Us

Industry News

eBay jumps into declining NFT business with Wayne Gretzky's help
Crypto crowd’s shocking prominence in Davos
Balenciaga U.S. stores to accept BTC and ETH starting June 2022
BTC Pizza Day is celebrated amid crypto crash
CV VC launches Africa-focused blockchain fund