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Crypto industry to get first major U.S. stadium with Miami-Dade County approving FTX for Heat home

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Giannis Antetokounmpo #34 of the Milwaukee Bucks drives to the basket against Bam Adebayo #13 of the Miami Heat during the second half at American Airlines Arena on March 02, 2020 in Miami, Florida.

Michael Reaves | Getty Images

A city trying to rebrand itself as the center of the crypto world could soon have a cryptocurrency exchange emblazoned on the stadium of its NBA franchise.

FTX has won the naming rights to the entertainment venue currently known as American Airlines Arena, home to the Miami Heat. The deal, approved by the Miami-Dade Board of County Commissioners on Friday, is for $135 million over 19 years.

The NBA still needs to approve the deal before it becomes official, FTX CEO…



Source cnbc.com

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