- The investment of $4.5 million in Bitcoin by the Winklevoss twins into Peter McCormack’s football club, Real Bedford FC, signifies a major financial commitment to the club’s development and its future success.
- This partnership aligns the club with Bitcoin’s philosophy and provides funds to enhance the club’s facilities, support local talent, and bolster youth and girls’ football.
The Winklevoss twins, Tyler and Cameron, have made a notable investment in Real Bedford FC, a football club owned by Peter McCormack, host of the “What Bitcoin Did” podcast.
The twins invested $4.5 million in Bitcoin into the club, marking the largest investment ever in a UK football club outside the professional leagues. This financial support aims to develop a new training center, nurture local talent, and advance girls’ and youth football in the region.
The Winklevoss twins will join McCormack as co-owners of Real Bedford FC, which he purchased in 2021. They likened the club’s journey to the underdog story of Bitcoin itself, expressing their belief that Real Bedford, under McCormack’s leadership and supported by Bitcoin, can defy expectations and challenge the status quo.
Meanwhile, in other sports-related news, VeChain and the UFC announced a new advancement in their ongoing partnership. They introduced NFC-enabled fighting gloves to authenticate and enhance fan engagement. UFC President Dana White has already minted an initial set of 25 exclusive gloves for notable individuals, including Joe Rogan.
The gloves not only aim to better protect athletes, but they also integrate VeChain’s $VET-powered chips to provide an immutable record of usage and ensure that fans who receive gloves receive authentic, fraud-free products. This initiative is part of VeChain and UFC’s multi-year partnership that began in 2022, valued at approximately $100 million.
In a related development, UFC fighter Renato Moicano expressed his desire to receive a bonus payout in Bitcoin during a match before UFC 300, though he did not win any bonuses. Max Holloway ended up claiming the majority of the bonus money available.
Strengthening Ties Between Crypto and Sports
The significant investment in Real Bedford FC by the Winklevoss twins and the innovative partnership between VeChain and the UFC both demonstrate the growing integration between the worlds of cryptocurrency and sports. These developments not only provide new opportunities for sports organizations to leverage digital assets and blockchain technology but also open avenues for athletes and fans to engage with the crypto industry in new and exciting ways. As these collaborations continue to evolve, they highlight the potential for further convergence of the two sectors.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
