Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

NBA's Cade Cunningham And BlockFi Partner Up, Bonus Paid in Bitcoin

NBA's Cade Cunningham And BlockFi Partner Up, Bonus Paid in Bitcoin

NBA: Detroit Pistons’ start Cade Cunningham and BlockFi have partnered up to introduce the potential of cryptocurrencies to basketball fans.

BlockFi signed an exclusive multi-year partnership with the professional basketball player – Cade Cunningham. Detroit Pistons’ star will participate in educational videos and exclusive interviews, while the financial services company will provide him with a bonus paid directly in bitcoin (BTC).

Bonus Paid in Bitcoin
According to a recent press release, the rising star of the National Basketball Association – Cade Cunningham – entered into a partnership with the crypto-focused company – BlockFi. The 19-year-old American will educate sports fans about cryptocurrencies’ value by featuring in interviews, videos, and promotional giveaways as part of the collaboration.

Cunningham will receive a signing bonus for the deal, the amount of which was not disclosed. What’s known, though, is that BlockFi will transfer it directly into his account in the form of bitcoin.

Detroit Pistons’ guard argued that digital assets are getting more and more important in the financial system. He added that the partnership with BlockFi would not only be beneficial to him as a long-term investor but also to communities across the globe that will get the chance to learn more about the cryptocurrencies’ merit:

“I’m excited to partner with BlockFi to really diversify my portfolio and manage my crypto assets; especially as they become more important in personal finance. For me, it’s not just about setting up myself for financial success long-term but also to educate future generations on financial wellness.

In communities across the U.S. and around the world, many hardworking people still don’t have access to cost-efficient, reliable options to save and invest.”

In his turn, Zac Prince – CEO & Co-Founder of BlockFi – praised Cunningham as one of the stars in the NBA. He opined that people like him would definitely guide society to a better understanding of the potential of virtual assets:

“Anyone who watched a minute of Cade’s career thus far knows he is the future of basketball. What excites us is his interest in and commitment to cryptocurrencies, which we believe are the future of finance. Cade is using his platform to educate basketball fans about the importance and potential of cryptocurrencies.”

NFL Star Would Convert His Annual Marketing Profits into BTC
The National Football League also has its examples of digital asset supporters. New York Giants’ running back – Saquon Barkley – said he would receive all his future endorsement money exclusively in bitcoin.

He further highlighted the primary cryptocurrency as the right choice for a store of value, especially when inflation starts to shake the economy:

“We’re seeing inflation and we’re learning you can’t save wealth. That’s why I am going to be taking my marketing money in bitcoin.”

Barkley said he wants to create generational wealth for his family. This is impossible to rely on salary alone, and he claimed that investing in bitcoin is “the smart thing to do.”

Source: NBA's Cade Cunningham And BlockFi Partner Up, Bonus Paid in Bitcoin – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
0:00
0:00
Open
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
0:00
0:00
Close
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
×