Faze Clan announces multi-year partnership with MoonPay

The popular gaming and entertainment platform FaZe Clan has announced a multi-year partnership with fintech company MoonPay, which will involve the creation of new original content that will launch in 2022.

MoonPay is now the official sponsor of FaZe Clan, a multi-year partnership that will lead to original content franchises, creator and talent driven events, as well as campaigns across FaZe Clan’s esports teams. FaZe Clan will also utilize MoonPay's platforms for upcoming NFT and digital goods initiatives.

 CEO of FaZe Clan,Lee Trink, commented:

“We're focused on building a culture and community-led digital goods and NFT business that excites our fans and expresses the FaZe brand in new and innovative ways. As a leading voice in youth culture, it’s vital that we also deliver on our responsibility to protect our community as the world starts to embrace Web3. Our partnership with MoonPay addresses both of these objectives by creating a strong foundation and secure pathway for our journey into the metaverse." 

Crypto Payments Infrastructure provider MoonPay may have only gained popularity recently, however the first version of MoonPay launched over two years ago, and now reaches users in 160 countries. MoonPay also revealed recently that they secured a $3.4bn valuation after raising $555 million in its first ever financing round.

 MoonPay co-founder and CEO Ivan Soto-Wright said:

“MoonPay and FaZe Clan are united by a common goal: we both aim to empower the creator and gaming economies. At MoonPay we’re building the world’s most advanced and intuitive payments solutions for buying cryptocurrencies and NFTs. And FaZe Clan’s influence in the gaming community is powerful. This exciting new partnership holds the potential to create a crypto-gaming juggernaut the likes of which the world has never seen.”

With the crypto-economy growing faster than ever, crypto companies that provide infrastructure and increase access to cryptocurrencies will play a vital role in stimulating and growing the industry.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.