Ledger Partners With NBA Team Spurs to ‘Deepen Connection With U.S. Consumers,’ Says CEO

Ledger has signed a partnership with NBA Tdamy San Antonio Spurs to deepen its business in the largest global market of US.

Published by

Sneha Agrawal
June 25, 2025
Ledger Partners With NBA Team Spurs to ‘Deepen Connection With U.S. Consumers,’ Says CEO

Partnership:- Ledger, the hardware wallet provider which protects over 20% of global crypto assets, has signed a partnership with NBA Team San Antonio Spurs.

The deal with the American professional basketball team involves the deal to have Ledger patches on the team’s jersey. This is set to bring more mainstream brand visibility with the logo set to debut on Spurs Players’ jerseys by 2025.

Interestingly, the update comes as another crypto brand, the USDC stablecoin issuer Tether becomes the second-largest shareholder in Italian Football club, Juventus with 10.7% stake.

Ledger CTO Pascal Gauthier Explains the Reason Behind the Partnership

After the partnership with NBA Team Spurs, Ledger CTO Pascal Gauthier said the “historical partnership will deepen out connection with American consumers.” The French security firm CEO and Chairman Pascal also highlighted how the team remains the “most French team in basketball history.”

That is evident. Even with U.S. offices, Ledger still lives largely in crypto circles. An NBA partnership with Spurs will blast its logo onto one of the world’s most-watched sports platforms. This will instantly be putting “hardware wallet” in front of millions of casual fans.

Sports‐team sponsorships – which are on rise by web3 brands – lend a cachet of legitimacy and stability. By aligning with the 5-time champion Spurs, Ledger signals it’s not a fringe startup but a serious, enterprise-grade technology company .

Also Read: Bybit Promotes Helen Liu to co-CEO Role

According to the reports, beyond logo exposure, the deal also funds Spurs Tech & Basketball camps and Paris court renovations. These on-the-ground initiatives build goodwill for Ledger in key markets – something a stand-alone office can’t achieve alone .

Further, the U.S. isn’t just Ledger’s largest online audience. It is also its biggest hardware-wallet market with nearly 40 % of global sales coming from the region. It has sold an estimated 2.8 million devices in the region.

Ledger Spur
Source: X Post

Crypto-Sports Partnerships Are on Rise

Crypto–sports partnerships such as Ledger’s are on rise since the begenning of this year. 22 crypto-sports partnerships have been signed so far in 2025, versus 18 in the same period last year.

In March 2025, Australian rugby league’s Cronulla Sharks named Coinbase as their first Official Crypto Partner. In May, Crypto.com integrated its payment solution, Crypto.com Pay, across the Formula 1 Miami Grand Prix site. Recently, the crypto Exchange Bitget has also signed its parternship with the highest class of motorcycle road racing events, MotoGP.

According to the SportsQuake report shared with Coingape, crypto brands have boosted their annual sports-sponsorship budgets by 20 %, reaching $565 million in the 12 months to May 2025.

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Source: SportsQuake Report

Sports category wise, 71 % of that expenditure by crypto brands have flowed into football (soccer) and Formula 1, while eSports has seen an 85 % drop in funding since 2022. The NBA as a whole has generated $1.62 billion in jersey-patch and arena sponsorship revenue during the 2024–25 season. This further explains why crypto brands like Ledger are entering this space.

Also Read: Paradigm Supports New DEX With $15M Funding

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About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.

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