Competition Adds $TRUMP Meme Coin as Crypto Payment Method By Investing.com

TORONTO, Jan. 18, 2025 (GLOBE NEWSWIRE) — Rivalry Corp. (the Company or Competition) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), a leading sportsbook and iGaming operator for digital first players, today announced that it has added the cryptocurrency of the President of the United States ˜ $TRUMP’ as an acceptable payment. method.

Ahead of the US Presidential Election on January 20, Rivalry users can now place and bet using $TRUMP, a cryptocurrency on the Solana blockchain that currently has a fully diluted value of more than USD $30 billion . The addition of $TRUMP as a payment method through Rivalry comes less than 24 hours after the President-elect released the cryptocurrency on Friday evening.

Meme coins are recognized by money, and the release of $TRUMP just days before the Inauguration is a significant moment for the network and cryptosystems that made it protect $30 billion in value diluted by complete shortly after its launch said Steven Salz, Co-Founder and. CEO of Rivalry. Sending $ TRUMP fast as a savings method in less than 24 hours is a proof of our ability to know and rely on this moment of universal culture, to put it in the experience our cryptocurrency gaming platform, and offering first-of-its-kind experiences. users.

In addition, Contest customers who bet on the site with $TRUMP will receive special rewards until March 1, 2025 in recognition of the upcoming Presidential Attention, including increasing the number of NUTZ”natural tokens” Company”players earn money on every bet by 20x, the show. to be inaugurated on Monday 20 January 2025.

With the adoption of $TRUMP, along with a number of other major cryptocurrencies as part of Rivalry’s crypto-first approach, the Company has continued holdings of various major coins. and the meme it accepts as a deposit option. The company will continue to add additional cryptocurrencies as needed to support its players and continued expansion into the cryptocurrency gaming segment.

$TRUMP as a payment method will be available to Rivalry users on sites operating under the Isle of Man Company license only.

About Competitions

Rivalry Corp. fully operates and operates Rivalry Limited, a leading sports betting and media company offering fully regulated betting in esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in over 20 countries and is growing. Rivalry Limited has an Isle of Man license since 2018, considered one of the leading online gambling sites, as well as an online gaming registry in Ontario, and is currently in the process of acquiring additional state license. With world-class performance and networking standards in the internet culture, a natural crypto brand, and demonstrated market leadership among early digital adopters.

No stock exchange, securities commission or other authority has approved or disapproved of the information provided here. Neither the TSX Venture Exchange nor its Management 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, Founder and CEO
ss@rivalry.com

Investor Relations:
investor@rivalry.com

Media:
Cody Luongo, Head of Communications
cody@rivalry.com
203-947-1936

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This news release contains certain forward-looking statements within the meaning of applicable Canadian securities laws (forward-looking statements). All statements other than statements of current or historical fact are forward-looking statements. Forward-looking statements are often, but not always, characterized by the use of words such as expect, achieve, by, believe, plan, plan, aim, continue, continue, estimate, expect, anticipate, plan and the words the same, including acne. of it, which suggests future results or that certain events or conditions may or will occur. These statements are estimates only.

Forward-looking statements are based on the opinions and estimates of the Company’s management as of the date the statements are made based on information available to the Company. Various factors and assumptions are used to make decisions or to make forecasts or estimates set forth in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, various, risks and uncertainties, many of which are beyond the Company’s control, which may cause The Company’s actual performance and results differ materially from future estimates. performance or results expressed or implied by such forward-looking statements. Such factors include, among others, regulatory or political change such as changes in applicable laws and regulations; ability to obtain and maintain necessary licenses; the sports and betting industry as a highly regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products is not guaranteed; changes in public perception of the gambling industry and the online gambling industry; failure to retain or increase customers; A company with a limited operating history; negative cash flow from operations; operational risks; cybersecurity risks; system dependency; reliance on third parties and third party networks; exchange rate risks; risks associated with cryptocurrency transactions; the risk of intellectual property infringement or improper claims; the effect of financial market conditions and other factors on the availability of funds; competition, including from established or better-funded competitors; and general economic, market and business conditions. For other risks, please refer to the discussion and analysis of the Company’s management for the three and nine months ended September 30, 2024 under the heading Risk Factors, and other disclosure documents available in the Company’s profile of SEDAR+ at www.sedarplus.ca.

No assurance can be given that the expectations expressed in the forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based on what the Company’s management believes, or believes 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 expected, estimated or planned. 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. contained or referred to herein, except in accordance with applicable securities laws.

Source: Rivalry Corp.

Source: Rivalry Corp.