The Past Week In Crypto News (Nov. 10th-17th): Sponsorship and More

Michael Caloca / ONE37pm

Welcome to the latest edition of “The Past Week in Crypto News," a weekly recap of companies, institutions, organizations, and individuals who are beginning to adopt crypto as a payment/work platform. With the crypto industry becoming more and more dynamic, this weekly report is meant to help you stay in the loop. The last few days saw crypto becoming more mainstream, implemented by some of the world’s most prominent organizations across different industries.

1. reaches a sponsorship deal with LA Lakers; Staples Center will be renamed as “ Arena”

2. MLB player Shohei Ohtani joins FTX as a brand ambassador, will receive equity in the company

3. Bitcoin company NYDIG reaches a sponsorship deal with the Houston Rockets

4. Barbados to become the first country to launch an embassy in the Metaverse

5. Constitution DAO is trying to buy a rare copy of the US Constitution, and it has raised $13 million so far

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