Circle FCA License Enables Chelsea USDC Shirt Sponsorship
Chelsea FC names Circle as front-of-shirt sponsor for USDC after FCA guidance on crypto backers; license details and deal value not disclosed.
Chelsea FC signed Circle as its front-of-shirt sponsor, placing the USDC stablecoin logo on team shirts.
The agreement comes two months after the UK Financial Conduct Authority issued guidance to football clubs on vetting crypto sponsors.
Circle holds an FCA license, which the company states enables the sponsorship arrangement.
Details not disclosed
The exact scope of the license and its approval date are not stated in available information.
Financial terms of the sponsorship remain undisclosed.