As the league’s first cryptocurrency brokerage partner, Voyager will fund individual accounts for each NWSL player on its investing platform.
The partnership calls for a significant amount of Voyager’s investment in the league to be used to fund individual crypto accounts for each rostered player in the NWSL. Each player will be eligible to receive an equal share of the Voyager-established NWSL players’ fund.
Voyager will also provide NWSL athletes with financial education and key resources regarding cryptocurrency and blockchain technology to help develop skills for long-term financial success.
Voyager Digital will join Nike, Twitch, Verizon, Budweiser, CBS, Deloitte, Mastercard, Nationwide, and Ally as official partners of the NWSL. The cryptocurrency platform was founded in 2018 and offers 65 different crypto assets with the opportunity to earn up to 12% annually on more than 30 cryptocurrencies.
The news comes as NWSL expands to 12 teams for the upcoming 2022 season thanks to the debuts of two California franchises, Angel City FC and San Diego Wave FC.
“I’m thrilled to welcome Voyager to the NWSL’s growing list of partners, each of whom offers our clubs and players crucial support as we continue to build a league where the world’s best players compete,” said Marla Messing, interim NWSL CEO, in an official release. “Voyager’s investment in the league is especially innovative because we’ve collectively designed the partnership to include direct financial resources for every one of our players, as well as education on the revolutionary changes underway in digital assets.”
In June, Voyager Digital Ltd. paid NASCAR driver Landon Cassill completely in cryptocurrency; Cassill chose to be paid in Litecoin and Voyager Token. He also drove his No. 4 car customized with full Voyager-branded wrap. The company has additionally worked with Miami Heat guard Victor Oladipo and the Dallas Mavericks.
Voyager will also inaugurate an “NWSL Voyager Player Ambassador” roster, which will feature one player from each team in the league.
“We are extremely proud to partner with the NWSL, specifically to help the league grow and provide its players with crypto education and direct financial support, paid in crypto,” said Steve Ehrlich, CEO, and co-founder of Voyager. “We believe strongly in the future of these players and this league, and we can’t wait to get started.”