Portland Trail Blazers Signs Jersey Patch Deal With StormX
By Taruka Srivastav | July 2, 2021
The Portland Trail Blazers and StormX has announced a significant multi-year jersey patch partnership beginning in the 2021-22 season to include placement of the StormX logo on the Trail Blazers game and practice jerseys.
StormX, the Exclusive Blockchain Partner of the Portland Trail Blazers, is a Crypto Cashback provider and Chrome extension aiming to make earning crypto easy and accessible for anyone.
StormX is the Trail Blazers first International Rights Partner as part of the NBA’s International Team Marketing Program aimed to engage fans around the globe. This will grant StormX, in partnership with the Trail Blazers, rights to distribute and conduct team-identified marketing and activities internationally, a must for any partner in this space and especially one that will adorn the team’s uniform, which will be seen all over the world. The cryptocurrency company is also minority-owned, making it one of the few minority-owned jersey patch partnerships in the NBA.
“We are extremely excited to have our team wear such a groundbreaking, revolutionary company on the front of our jerseys,” said Chris McGowan, President & CEO, Portland Trail Blazers and Rose Quarter. “StormX is a fresh, energetic company with Pacific Northwest roots that can educate and motivate Rip City around cryptocurrency and earning Crypto Cashback. I look forward to taking these next steps together as partners.”
StormX was founded in Seattle by Calvin Hsieh and Portland-grown Trail Blazers fan Simon Yu with the hopes of increasing financial independence in young adults in a way that is purposeful, approachable and empowering. With over 800 global partners and over 2 million users, StormX empowers consumers to discover, thrive, earn and enjoy the world of crypto with everyday purchases anywhere, anytime, from any device by earning Crypto Cashback.
“We’re honored to be the first crypto company to form a jersey sponsorship with not only a team of such high caliber, but also with a league of the same stature,” said Simon Yu, CEO and Co-Founder of StormX. “Like the Trail Blazers namesake, we see ourselves as trail blazers in the drive for the mass adoption of crypto, by helping everyday people earn crypto while they shop.”