$XRP Partners with University of Florida: Major Brand Awareness Deal
Ripple has signed a significant partnership agreement with the University of Florida's Athletics division, marking a major step for the company's brand awareness.
The multi-year deal involves the display of Ripple and $XRP logos at Ben Hill Griffin Stadium, home to the Florida Gators sports teams. The logos will also appear in various digital advertising spaces. According to the Associated Press, the financial terms have not been officially disclosed, but a source suggests that Ripple will pay approximately $5 million annually.
The partnership goes beyond sponsorship and advertising activities. Ripple will provide educational support to University of Florida students and student athletes on traditional finance, financial technology, and digital assets. The company's brand will be regularly visible in the football stadium of a major university in the US.