Florida University Signs Multi-Year Sponsorship Deal With Ripple

Florida University has announced a multi-year sponsorship agreement with Ripple that is expected to bring the school $5 million annually, according to people familiar with the matter cited by the Associated Press. According to Foresight News, neither side disclosed the specific financial terms. The agreement takes effect this Saturday, when Florida University plays Florida Atlantic University. The XRP logo will appear inside Florida Field, and Ripple will provide fintech education support covering traditional finance and digital assets for Florida University student-athletes and the campus community.