Rivalry Adds $TRUMP Meme Coin as Crypto Payment Method
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) has announced the integration of $TRUMP, Donald Trump's official Solana cryptocurrency, as a new payment method on its platform. The implementation comes less than 24 hours after the cryptocurrency's release and ahead of the U.S. Presidential Inauguration on January 20th, 2025.
The $TRUMP token, currently valued at over USD $30 billion in fully diluted terms, will be available for deposits and wagering in jurisdictions under the Company's Isle of Man license. As part of the launch, Rivalry is offering special rewards through February 1, 2025, including a 20x multiplier on NUTZ (Rivalry's native token) earnings for users betting with $TRUMP.
This addition aligns with Rivalry's crypto-first approach, maintaining treasury holdings of various major cryptocurrencies and meme coins accepted on their platform. The company plans to continue expanding its cryptocurrency payment options to support its player base and growth in the crypto gambling segment.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) ha annunciato l'integrazione di $TRUMP, la criptovaluta ufficiale Solana di Donald Trump, come nuovo metodo di pagamento sulla sua piattaforma. L'implementazione è avvenuta meno di 24 ore dopo il rilascio della criptovaluta, in vista dell'Inaugurazione Presidenziale negli Stati Uniti il 20 gennaio 2025.
Il token $TRUMP, attualmente valutato oltre 30 miliardi di USD in termini totalmente diluiti, sarà disponibile per depositi e scommesse nelle giurisdizioni coperte dalla licenza dell'Isola di Man della società. Come parte del lancio, Rivalry offre ricompense speciali fino al 1° febbraio 2025, tra cui un moltiplicatore di 20x sui guadagni in NUTZ (il token nativo di Rivalry) per gli utenti che scommettono con $TRUMP.
Questa aggiunta è in linea con l'approccio crypto-first di Rivalry, che mantiene riserve di diverse criptovalute e meme coin accettate sulla loro piattaforma. L'azienda prevede di continuare ad espandere le sue opzioni di pagamento in criptovaluta per supportare la sua base di giocatori e la crescita del segmento delle scommesse in criptovaluta.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) ha anunciado la integración de $TRUMP, la criptomoneda oficial Solana de Donald Trump, como un nuevo método de pago en su plataforma. La implementación se lleva a cabo menos de 24 horas después del lanzamiento de la criptomoneda y antes de la Inauguración Presidencial de EE. UU. el 20 de enero de 2025.
El token $TRUMP, actualmente valorado en más de 30 mil millones de USD en términos totalmente diluidos, estará disponible para depósitos y apuestas en las jurisdicciones bajo la licencia de la Isla de Man de la compañía. Como parte del lanzamiento, Rivalry está ofreciendo recompensas especiales hasta el 1 de febrero de 2025, incluyendo un multiplicador de 20x en las ganancias de NUTZ (el token nativo de Rivalry) para los usuarios que apuesten con $TRUMP.
Esta adición está alineada con el enfoque crypto-first de Rivalry, que mantiene reservas de varias criptomonedas importantes y monedas meme aceptadas en su plataforma. La empresa planea continuar expandiendo sus opciones de pago en criptomonedas para apoyar su base de jugadores y el crecimiento en el segmento de juego con criptomonedas.
리벌리 코퍼레이션 (TSXV: RVLY) (OTCQX: RVLCF)가 도날드 트럼프의 공식 솔라나 암호화폐인 $TRUMP를 플랫폼의 새로운 결제 수단으로 통합했다고 발표했습니다. 구현은 암호화폐 출시 24시간도 채 되지 않아 이루어졌으며, 2025년 1월 20일 미국 대통령 취임식에 앞서 진행됩니다.
$TRUMP 토큰은 현재 완전 희석 기준으로 300억 달러 이상의 가치가 있으며, 해당 회사의 맨 섬 라이센스가 있는 관할권에서 입금 및 베팅이 가능합니다. 런칭의 일환으로, 리벌리는 2025년 2월 1일까지 $TRUMP로 베팅하는 사용자에게 리벌리의 네이티브 토큰인 NUTZ 수익에 대해 20배 배수의 특별 보상을 제공합니다.
이 추가는 리벌리의 암호화폐 우선 접근 방식에 부합하며, 플랫폼에서 허용되는 여러 주요 암호화폐와 밈 코인의 재고 보유를 유지하고 있습니다. 회사는 플레이어 기반을 지원하고 암호화폐 도박 분야에서 성장하기 위해 암호화폐 결제 옵션을 계속 확장할 계획입니다.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) a annoncé l'intégration de $TRUMP, la cryptomonnaie Solana officielle de Donald Trump, comme nouveau mode de paiement sur sa plateforme. L'implémentation a eu lieu moins de 24 heures après le lancement de la cryptomonnaie et avant l'Inauguration Présidentielle américaine le 20 janvier 2025.
Le token $TRUMP, actuellement évalué à plus de 30 milliards USD en termes entièrement dilués, sera disponible pour des dépôts et des paris dans les juridictions sous la licence de l'île de Man de l'entreprise. Dans le cadre du lancement, Rivalry propose des récompenses spéciales jusqu'au 1er février 2025, y compris un multiplicateur de 20x sur les gains de NUTZ (le token natif de Rivalry) pour les utilisateurs pariant avec $TRUMP.
Cette addition s'inscrit dans l'approche crypto-first de Rivalry, qui maintient des réserves de diverses cryptomonnaies majeures et de meme coins acceptés sur leur plateforme. L'entreprise prévoit de continuer à élargir ses options de paiement en cryptomonnaies pour soutenir sa base de joueurs et sa croissance dans le segment des jeux d'argent en cryptomonnaies.
Rivalry Corp (TSXV: RVLY) (OTCQX: RVLCF) hat die Integration von $TRUMP, der offiziellen Solana-Kryptowährung von Donald Trump, als neue Zahlungsmethode auf ihrer Plattform bekannt gegeben. Die Implementierung erfolgt weniger als 24 Stunden nach der Veröffentlichung der Kryptowährung und vor der US-Präsidentschaftseinweihung am 20. Januar 2025.
Der $TRUMP-Token, der derzeit auf über 30 Milliarden USD in vollständig verwässerten Begriffen bewertet wird, steht in den unter der Lizenz der Isle of Man des Unternehmens liegenden Gerichtsbarkeiten für Einzahlungen und Wetten zur Verfügung. Im Rahmen des Launchs bietet Rivalry bis zum 1. Februar 2025 spezielle Belohnungen an, darunter einen 20-fachen Multiplikator auf die NUTZ (Rivalrys nativer Token) Einnahmen für Nutzer, die mit $TRUMP wetten.
Diese Ergänzung steht im Einklang mit Rivalrys Crypto-First-Ansatz, der Treasury-Holdings verschiedener wichtiger Kryptowährungen und Meme-Coins umfasst, die auf ihrer Plattform akzeptiert werden. Das Unternehmen plant, die Zahlungsmöglichkeiten in Kryptowährung weiter auszubauen, um seine Spielerschaft zu unterstützen und das Wachstum im Bereich Kryptowährungs-Gambling voranzutreiben.
- Quick implementation of $TRUMP token as payment method within 24 hours of launch
- Access to $30 billion market cap token userbase
- Strategic timing with Presidential Inauguration
- Special promotion offering 20x rewards multiplier
- availability only to Isle of Man license jurisdictions
- Exposure to volatile meme coin market
Global Crypto Casino Rivalry Becomes First Betting Operator to Accept U.S. President-Elect Donald Trump’s Official Solana Meme Coin $TRUMP for Deposit
TORONTO, Jan. 18, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital-first players, today announced it has added U.S. President-elect Donald Trump’s official Solana cryptocurrency ‘$TRUMP’ as an accepted payment method.
Ahead of the U.S. Presidential Inauguration on January 20th, Rivalry users are now able to deposit and wager using $TRUMP, a cryptocurrency on the Solana blockchain which currently has a fully diluted value of over USD
”Meme coins are attention monetized, and the release of $TRUMP just days before an Inauguration is a quintessential internet and crypto culture-driven moment which enabled it to eclipse
Additionally, Rivalry customers wagering on-site with $TRUMP will receive exclusive rewards through February 1, 2025 in recognition of the upcoming Presidential Inauguration, including multiplying the amount of NUTZ–the Company’s native token–players earn on every bet by 20x, a reflection of the inauguration on Monday, January 20, 2025.
With the acceptance of $TRUMP, along with a number of other major cryptocurrencies as part of Rivalry’s crypto-first approach, the Company has ongoing treasury holdings of various major cryptocurrencies and meme coins that it accepts as a deposit option. The Company will continue to add additional cryptocurrencies as needed to support its player base and continual expansion into the crypto gambling segment.
$TRUMP as a payment method will be available to Rivalry users in jurisdictions which apply to the Company’s Isle of Man license only.
About Rivalry
Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Company Contact:
Steven Salz, Co-founder & CEO
ss@rivalry.com
Investor Contact:
investors@rivalry.com
Media Contact:
Cody Luongo, Head of Communications
cody@rivalry.com
203-947-1936
Cautionary Note Regarding Forward-Looking Information and Statements
This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions.
Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2024 under the heading “Risk Factors”, and other disclosure documents available on the Company’s SEDAR+ profile at www.sedarplus.ca.
No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
Source: Rivalry Corp.
FAQ
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