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Coinbase, a digital currency platform, supports competitive gaming by sponsoring the esports titles 'League of Legends' and 'Valorant'.

Coinbase replaces FTX as gaming company Riot Games' cryptocurrency sponsor, hints at Web3 integrations for eSports leagues.

Coinbase partners up with Riot Games, hinting at Web3 integrations for their esports leagues, after...
Coinbase partners up with Riot Games, hinting at Web3 integrations for their esports leagues, after the latter's deal with FTX fell through.

Coinbase, a digital currency platform, supports competitive gaming by sponsoring the esports titles 'League of Legends' and 'Valorant'.

Hype Alert: Coinbase Steps Up Game in Esports World with Riot Games Collab

Breaking News: American crypto exchange Coinbase is shaking things up in the world of gaming, partnering with Riot Games as the exclusive crypto exchange and blockchain partner for League of Legends and Valorant global esports events.

Get ready for the action commencement at the Valorant Masters event in Toronto, June 2025! Coinbase is all set to engage fans like never before, with an array of exciting experiences spanning both esports events' global schedules. Expect buzzing social media campaigns, integrated broadcasts, and innovative technical features to amplify your gaming adventures.

Details of the multi-year deal remain under wraps, but fret not, Coinbase is here to stay! New in-game segments will enlighten viewers with data-driven analysis like the "Econ Report" for Valorant esports and "Gold Grind" for League of Legends esports, shedding light on in-match currency movements and their effects on strategies.

Brace yourself for enticing rewards such as emotes and icons via viewer drops, along with enticing promotions, including all-inclusive trips to major competitions. Furthermore, Coinbase aims to share insights and elevate the fan experience through Web3 technology.

The gaming and crypto spheres have been a match made in heaven for quite a while, with many elite esports leagues and teams rocking crypto sponsors. Crypto influencing gaming isn't just confined to digital collectibles and instant payouts to competitors.

Riot Games had earlier signed a seven-year deal with crypto colossus FTX, but the partnership crumbled in November 2022. Despite the setback, Riot Games forges ahead, teaming up with Coinbase. While the initial deal amount isn't disclosed, estimates suggest it was worth approximately $100 million, with bigger payments due in the later years.

FTX had also inked a decade-long, $210 million sponsorship agreement with Team SoloMid (TSM). The dissolution of that deal didn't dampen TSM's crypto enthusiasm. In March 2023, TSM announced plans to establish their presence on the blockchain network Avalanche.

Stay tuned as we unravel more secrets of this exhilarating collaboration between Coinbase and Riot Games, bringing you closer to the action than ever before!❗️🎉

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  1. Coinbase's venture into the gaming world, partnering with Riot Games, signals a new era of cryptocurrency integration in esports, particularly with the Valorant Masters event in Toronto, June 2025.
  2. In this partnership, Coinbase promises to deliver an immersive and innovative experience for fans, featuring social media campaigns, integrated broadcasts, and technical features, all aimed at enhancing gaming adventures.
  3. The collaboration also includes in-game segments like the "Econ Report" for Valorant esports and "Gold Grind" for League of Legends esports, providing data-driven analysis on in-match currency movements and strategies.
  4. Apart from these, fans can expect enticing rewards such as emotes and icons, promotions for major competitions, and a focus on Web3 technology to elevate the overall fan experience.

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