Trail Blazers terminate their deal with cryptocurrency firm StormX / News - Basketnews.com
The Trail Blazers are looking for a new jersey sponsor this upcoming season.
Credit: Scanpix – FP Credit Scanpix – FPPortland Trail Blazers announced they ended their multi-year jersey patch agreement with cryptocurrency firm StormX.
The franchise said it's launched a search for a new jersey patch partner.
The Blazers signed the partnership in 2021. The deal should have expired in 2026.
StormX became the first crypto-based company to sign an NBA jersey patch sponsorship.
StormX was founded in Seattle by Calvin Hsieh and Portland-grown Trail Blazers fan Simon Yu with the hopes of increasing financial independence in young adults in a way that is purposeful, approachable, and empowering.
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