Ultimate Fighting Championship, the worlds leading mixed martial arts, or MMA, organization, has announced an exclusive partnership with Stake.com — a leading crypto-powered online casinos and sportsbook.
The partnership announced on March 7, will see Stake become UFC's “First Official Betting Partner” in Asia and Latin America. However, the deal will exclude UFCs key market in Brazil.
The two firms began working together on March 3 — with Stake's customers receiving access to unique digital content surrounding the promotional “fight week” for UFCs March 6 pay-per-view. An announcement states the company's will also developer exclusive promotions, VIP experiences, and social content for Stake users.
UFCs vice president of global partnerships, Nick Smith said:
“We're thrilled to partner with an exciting and emerging platform like Stake.com to offer exclusive digital and social content to our fans, as well as an innovative gaming experience,”
Stake is a crypto-only casino and sports betting platform that is licensed in the carribean island-nation of Curacao. Since launching in 2017, the platform claims to have turned over $35 billion worth of bets. Stake supports nine crypto assets including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Litecoin, Ripple, Tron, and EOS, and Dogecoin.
In January, Stake announced it had partnered with UFC Middleweight champion Israel Adesanya, who became the companys first brand ambassador.
The partnership with Stake is not UFCs first venture into DLT, with Cointelegraph reporting the MMA promotion had inked a deal with Dapper Labs, the company behind CryptoKitties and NBA Top Shot, in February 2020.
The deal will see UFC fighter collectibles launched on Dapper Labs Flow blockchain. However, the collectibles are yet to be released.