Crypto.com is sponsoring a professional golf competition, the Crypto.com Showdown, featuring top golfers like Brooks Koepka and Bryson DeChambeau. The event will offer millions in CRO prizes, the native token of the Cronos network. Scheduled for December 17 in Las Vegas, this tournament marks the first major golf event paid in Cronos. While the exact prize amount in CRO or its dollar equivalent is yet to be disclosed, Crypto.com is known for its sports sponsorships. The company has previously sponsored the UEFA Champions League and owns naming rights to the Crypto.com Arena. This initiative aligns with Crypto.com's focus on pioneering events, as stated by CMO Steven Kalifowitz. The rise of Cronos, currently valued at over $0.18, reflects a growing trend in crypto sports sponsorships, with 2024 seeing a significant increase in such partnerships compared to 2023. Read more AI-generated news on: https://app.chaingpt.org/news