White House · Donald Trump · South Korea · U.S. · The Block
UFC President and CEO Dana White announced the partnership Friday at a press conference at the Lincoln Memorial
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"The Block is proud to celebrate a historic night for UFC and the United States," said Zach Witkoff, co-founder and CEO of World Liberty Financial, in a statement.
Key facts
- TKO Group Holdings COO Mark Shapiro told a Morgan Stanley conference that Freedom 250 carries a production budget above $60 million, roughly half of it offset by sponsorships, according to Yahoo
- World Liberty Financial, the DeFi project backed by President Donald Trump and his sons, will pay a portion of UFC fighter bonuses in its USD1 stablecoin at UFC Freedom 250, the event taking place
- The World Liberty pool is separate from a $1 million bonus pool denominated in Crypto.com's CRO token
- UFC Freedom 250 is headlined by a lightweight title unification bout between Ilia Topuria and Justin Gaethje, with former two-division champion Alex Pereira facing Ciryl Gane at heavyweight
Summary
World Liberty Financial, the DeFi project backed by President Donald Trump and his sons, will pay a portion of UFC fighter bonuses in its USD1 stablecoin at UFC Freedom 250, the event taking place Sunday on the South Lawn of the White House. UFC President and CEO Dana White announced the partnership Friday at a press conference at the Lincoln Memorial. The World Liberty pool is separate from a $1 million bonus pool denominated in Crypto.com's CRO token. UFC Freedom 250 is headlined by a lightweight title unification bout between Ilia Topuria and Justin Gaethje, with former two-division champion Alex Pereira facing Ciryl Gane at heavyweight.