Crypto.com sponsors first golf tournament with crypto prize
Crypto.com has been announced as the title sponsor for the upcoming Crypto.com Showdown, a professional golf tournament featuring a prize purse paid entirely in cryptocurrency.
The event, scheduled for Dec. 17, in Las Vegas, will feature PGA Tour stars Rory McIlroy and Scottie Scheffler competing against LIV Golf players Bryson DeChambeau and Brooks Koepka, according to a press release shared with crypto.news.
The tournament will award a multimillion-dollar prize in CRO (CRO), the native token of Crypto.com. This marks the first instance of a major sports competition offering a prize purse entirely in cryptocurrency.
Crypto.com CEO Kris Marzalek stated that the sponsorship reflects the company’s mission to…
