NASCAR Driver to Receive Payment in Crypto in New Deal with Voyager

NASCAR Driver to Receive Payment in Crypto in New Deal with Voyager

Babafemi Adebajo By Babafemi Adebajo Updated 2 min read
NASCAR Driver to Receive Payment in Crypto in New Deal with Voyager
Photo: Landon Cassill / Facebook

Cassill believes that while there may be several pro-drivers with interest in crypto, he is one of a handful that has been around the crypto space long enough and assures that he is comfortable with the running of the marketplace.

Landon Cassill, a driver in NASCAR Infinity X Series will receive crypto assets as payment in a new deal with Voyager Digital, a public cryptocurrency broker. The deal – a 19-race deal – will begin with the NASCAR race at the Nashville Superspeedway this weekend. It will see Cassill receive a plethora of digital assets including Bitcoin, Litecoin and the Voyager token, a native asset of the firm.

With this deal, Cassill joins the list of elite athletes to have received payments in cryptocurrency. Earlier in the year, NFL draft top pick, Trevor Lawrence inked a deal with Blockfolio, a crypto tracking app owned by FTX exchange and was paid in cryptocurrency.

There have also been other NASCAR drivers like Darrell Wallace and Ed Carpenter with relationships with crypto firms. The duo drove race cars with crypto insignias and reportedly attended the 2021 Bitcoin Conference which held in Miami last month.

Despite just sealing the deal with Voyager, NASCAR driver, Cassill is not a newbie in the world of cryptocurrencies. His Twitter profile picture features the 31-year-old in racing gear with laser eyes depicting his interest in cryptocurrency. Cassill himself in a tweet announcing the sponsorship deal also referred to a time when all he was doing was mining Bitcoin in his basement. There are also reports that Cassill had previously traded in Litecoin and other tokens for years, making huge gains on the market.

Cassill believes that while there may be several pro-drivers with interest in crypto, he is one of a handful that has been around the crypto space long enough and assures that he is comfortable with the running of the marketplace.

“I can trade it right away before the market changes or hold on to it while the market goes up or down, take out a little, pay my bills with it and keep the rest,” he stated.

The deal with the NASCAR driver is also not Voyager’s first move into the sports world either. The brokerage firm had earlier in the year leased an Oakland A luxury suite for 1 BTC at a Major League Baseball game.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Babafemi Adebajo

An experienced writer with practical experience in the fintech industry. When not writing, he spends his time reading, researching or teaching.

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