Why Coinbase and the WNBA are investing in the future together
TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem.Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In ad...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
TL;DR: Coinbase is announcing its partnership and investment in the WNBA ecosystem.
Today, Coinbase is excited to announce our expanded investment within the Women’s National Basketball Association (WNBA) ecosystem. In addition to the League, our new partners include the Women’s National Basketball Players Association (“WNBPA” — the union which represents all players), two team partners, the New York Liberty and Seattle Storm, and two of the league’s biggest stars, Sue Bird and Jewell Loyd.
Coinbase believes the cryptoeconomy will be built by talented and creative women who are rewriting the rules and welcoming the future — just like those in and around the WNBA. While the WNBA is on a journey to transform their league long-term, having announced the largest-ever capital raise for a women’s sports property in February of this year, Coinbase continues to work towards its mission to create more economic freedom in the world and bring the next 100 million users to the cryptoeconomy.
Coinbase has accelerated opportunities to introduce crypto to our new partners and WNBA fans. At this year’s Rookie Orientation, we ran a crash course covering crypto and NFTs for the top rookies invited to the Draft. Thanks to the WNBPA, all 144 WNBA players will be set up with Coinbase accounts and crypto funds to further familiarize themselves with the space. New York Liberty and Seattle Storm fans will get the chance to earn crypto through giveaways and experience web3 through IRL activations. Fans of Sue Bird and Jewell Loyd will also see them make their mark in crypto and NFTs in the same way they’ve done for the game of basketball.
Coinbase, through its proud partnerships with the WNBA and WNBPA, wants to enable more participation in the cryptoeconomy and web3, and engaging more women and our new partners will allow us to do just that.
Why Coinbase and the WNBA are investing in the future together was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CoinbaseRelated market context
Coinbase Files With the SEC to List 24/7 Perpetual Futures on Individual US Stocks
Coinbase filed notice registrations with the Securities and Exchange Commission this week seeking clearance to list perpetual futu...
Legal Experts Back the CFTC’s Perps-as-Futures Call as It Moves to Dismiss CME’s Suit
As the fight over how the US will regulate perpetual futures escalates in court, a panel of legal experts hosted by Unchained came...
Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders
Bitwise has given the market a rare look inside an institutional XRP carry trade. The Bitwise Crypto Carry Fund, or USCC, paired X...
Coinbase Brings 24/7 Stock Perpetuals to the US
Coinbase has filed two notices with the Securities and Exchange Commission (SEC) to offer single-stock perpetual futures to U.S. t...
CFTC’s latest Commitments of Traders report covers Bitcoin futures open interest
The cautious institutional sentiment in Bitcoin futures highlights the growing maturity and regulatory integration of crypto marke...
Base adds six new Coinbase tokenized stocks including Amazon and Tesla
The expansion of tokenized stocks on Base could democratize global access to equities, enhancing liquidity and financial inclusion...