Rivalry Provides $TRUMP Meme Coin as Crypto Fee Technique

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International Crypto On line casino Rivalry Turns into First Betting Operator to Settle for U.S. President-Elect Donald Trump’s Official Solana Meme Coin $TRUMP for Deposit

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TORONTO, Jan. 18, 2025 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Firm” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the main sportsbook and iGaming operator for digital-first gamers, in the present day introduced it has added U.S. President-elect Donald Trump’s official Solana cryptocurrency ‘$TRUMP’ as an accepted fee technique.

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Forward of the U.S. Presidential Inauguration on January twentieth, Rivalry customers at the moment are in a position to deposit and wager utilizing $TRUMP, a cryptocurrency on the Solana blockchain which presently has a completely diluted worth of over USD $30 billion. The addition of $TRUMP as a fee technique on Rivalry comes lower than 24 hours after the President-elect launched the cryptocurrency on Friday night.

”Meme cash are consideration monetized, and the discharge of $TRUMP simply days earlier than an Inauguration is a quintessential web and crypto culture-driven second which enabled it to eclipse $30 billion in absolutely diluted worth shortly after its debut” mentioned Steven Salz, Co-Founder and CEO of Rivalry. “Quickly deploying $TRUMP as a deposit technique in lower than 24 hours is a testomony to our capacity to establish and lean into these common cultural moments, layer it into our core crypto playing expertise, and ship first-of-its-kind experiences to our customers.”

Moreover, Rivalry prospects wagering on-site with $TRUMP will obtain unique rewards by February 1, 2025 in recognition of the upcoming Presidential Inauguration, together with multiplying the quantity of NUTZ–the Firm’s native token–gamers earn on each wager by 20x, a mirrored image of the inauguration on Monday, January 20, 2025.

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With the acceptance of $TRUMP, together with quite a few different main cryptocurrencies as a part of Rivalry’s crypto-first strategy, the Firm has ongoing treasury holdings of varied main cryptocurrencies and meme cash that it accepts as a deposit choice. The Firm will proceed so as to add further cryptocurrencies as wanted to assist its participant base and continuous enlargement into the crypto playing section.

$TRUMP as a fee technique will likely be accessible to Rivalry customers in jurisdictions which apply to the Firm’s Isle of Man license solely.

About Rivalry

Rivalry Corp. wholly owns and operates Rivalry Restricted, a number one sport betting and media firm providing absolutely regulated on-line wagering on esports, conventional sports activities, and on line casino for the digital technology. Primarily based in Toronto, Rivalry operates a world staff in additional than 20 international locations and rising. Rivalry Restricted has held an Isle of Man license since 2018, thought-about one of many premier on-line playing jurisdictions, in addition to an web gaming registration in Ontario, and is presently within the technique of acquiring further nation licenses. With world class inventive execution and model positioning in on-line tradition, a local crypto token, and demonstrated market management amongst digital-first customers Rivalry is shaping the way forward for on-line playing for a technology born on the web.

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No inventory alternate, securities fee or different regulatory authority has authorized or disapproved the data contained herein. Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this press launch.

Firm Contact:
Steven Salz, Co-founder & CEO
ss@rivalry.com

Investor Contact:
buyers@rivalry.com

Media Contact:
Cody Luongo, Head of Communications
cody@rivalry.com
203-947-1936

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Supply: Rivalry Corp.

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