World Liberty Financial (WLFI), a part of the Trump household, is getting into into blockchain-based cooperation with the global blended martial arts neighborhood MMA Group.
On the thirtieth (native time), in accordance with crypto-focused media Crypto Briefing, World Liberty Financial has signed a partnership with MMA Group (Combined Martial Arts Group Restricted, MMA.INC) and is pursuing the development of a fight sports activities ecosystem utilizing blockchain expertise.
The 2 events have signed a memorandum of understanding (MOU) for this cooperation and plan to collectively develop a brand new enterprise construction that mixes digital property and fan engagement fashions centered on MMA’s global community. They are saying that is to discover the potential of combining the normal sports activities trade and blockchain expertise.
Key cooperation gadgets embrace the design and issuance of an MMA-dedicated utility token, a plan to combine World Liberty Financial’s stablecoin USD1 into fee and reward programs, and the institution of an on-chain governance framework. The construction is meant to concurrently promote expanded fan engagement and clear operations.
World Liberty Financial expects this partnership to function a possibility to increase blockchain use instances within the sports activities and leisure sectors. MMA Group additionally plans to broaden its touchpoints with the digital asset ecosystem based mostly on its global fan base.
