Web3 Gaming

MoonPay Signs Eight-Figure Title Sponsorship Deal With X Games League

Crypto payments provider MoonPay has inked a three-year, eight-figure title sponsorship agreement with the X Games, rebranding the long-running action sports event as the MoonPay X Games League and marking a major push to link Web3 finance with mainstream sports culture. The deal — announced as the X Games transitions into a league-based competitive format — will support a new structure where around 150 athletes will be drafted into regionally represented clubs at a Los Angeles kickoff event this March. 

Under the partnership, MoonPay will have exclusive branding rights in financial and banking categories and will help elevate the role of decentralized finance (DeFi) projects across X Games programming, including efforts to broaden financial support for athletes. The league’s shift to team formats aims to provide salaries, benefits and health-related stipends — a departure from traditional prize-only compensation — addressing longstanding concerns about economic support for competitors in skateboarding, BMX, snowboarding and freeskiing. 

“Under the new structure, hopefully the athletes will start to become more supported,” said MoonPay President Keith Grossman, emphasizing that the sponsorship will also create distribution channels for DeFi initiatives and help the company deepen its presence in youth-centric and sport-driven communities. 

The MoonPay X Games League is set to debut its league model in March 2026, blending action sports culture with fintech branding and giving athletes and fans fresh ways to engage with the intersection of competitive sports and Web3 financial infrastructure. 

Terron Gold

Recent Posts

South Korea to Test Blockchain Deposit Tokens for Government Spending in Q4

South Korea is pushing deeper into blockchain integration as its Ministry of Economy and Finance…

1 week ago

Drift Secures $148 Million from Tether and Drops USDC After Massive Exploit

Drift Protocol is attempting a major comeback after one of the largest DeFi exploits of…

1 week ago

Bitcoin Drops Below $74K as Breakout Attempt Fails Again

Bitcoin pulled back below the $74,000 level after another failed attempt to break through key…

1 week ago

Charles Schwab Begins Rollout of Spot Bitcoin and Ethereum Trading Platform

Charles Schwab is officially entering the next phase of crypto adoption, beginning the rollout of…

1 week ago

Solana-Backed Super PAC Targets Sherrod Brown with $8 Million Ohio Election Push

Crypto’s political influence is accelerating again as a super PAC backed by the Solana ecosystem…

1 week ago

Cantor Fitzgerald Donates $10 Million to Crypto PAC Led by Tether Executive

Wall Street’s political involvement in crypto is accelerating as Cantor Fitzgerald donated $10 million to a pro-crypto…

1 week ago