Competition Adds $TRUMP Meme Coin as Crypto Payment Method

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Global Crypto Casino Competition Becomes First Betting Operator To Accept US President-Elect Donald Trump’s Official Solana Meme Coin $TRUMP for Deposit

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TORONTO, Jan. 18, 2025 (GLOBE NEWSWIRE) – Rivalry Corp. (the “Company” or “Competition”) (TSXV: RVLY) (OTCQX: RVLCF) (FSE: 9VK), the leading sportsbook and iGaming operator for digital players, today announced that it has added Solana cryptocurrency for US President-elect Donald Trump’ $TRUMP’ as an organization accepted payment method.

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Ahead of the US Presidential Inauguration on January 20, Rivalry users are now able to deposit and bet using $TRUMP, a cryptocurrency on the Solana blockchain that currently has a fully liquidated value of over USD $30 billion. The addition of $TRUMP as a form of payment to Rivalry comes less than 24 hours after the President-elect released the cryptocurrency on Friday evening.

“Meme coins make money, and the release of $TRUMP a few days before the internet was invented is a time driven by the internet and crypto culture that made it possible to pass $30 billion in fully diluted value shortly after its launch,” said Steven Salz, Co-Founder and CEO of Rivalry. “Rapidly rolling out $TRUMP as a deposit option in less than 24 hours is a testament to our ability to identify and tap into these common cultural moments, incorporate them into our core crypto gambling experience, and deliver a first-of-its-kind experience to our users.”

Additionally, opposing customers who bet on the site with $TRUMP will receive special rewards until February 1, 2025 in honor of the upcoming Presidential Inauguration, including multiplying the amount of NUTZ–the Company’s native token–players benefit from all bets by 20x, which is symbolic. to be launched on Monday, January 20, 2025.

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With the acceptance of $TRUMP, and a number of other major cryptocurrencies as part of Rivalry’s crypto-first approach, the Company has an ongoing treasury of various major cryptocurrencies and meme coins that it accepts as a deposit option. The company will continue to add additional crypto currencies as needed to support its player base and the continued expansion of the crypto gambling segment.

$TRUMP as a payment method will be available to Rivalry users in locations operating under the Company’s Isle of Man license only.

About Competition

Rivalry Corp. fully owned and operated Rivalry Limitedis a leading sports betting and media company offering fully regulated online betting on esports, traditional sports, and digital generation casino. Based in Toronto, Rivalry operates a global team in over 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, is considered one of the leading online gambling, and online gaming registrations in Ontario, and is currently in the process of obtaining other provincial licenses. With world-class creativity and branding in internet culture, a traditional crypto token, and demonstrated market leadership among digital early adopters Competition is shaping the future of online gambling for the generation born online.

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No stock exchange, securities commission or other regulatory authority has approved or disapproved of the information contained herein. Neither the TSX Venture Exchange nor its Regulatory 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, Co-founder & CEO
ss@rivalry.com

Investor Contact:
investor@rivalry.com

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

Cautionary Note Regarding Forward-Looking Information and Statements

This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of current or historical facts are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “expect”, “achieve”, “do not believe”, “plan”, “intend”, “intend”, “continue”, “continue”, “estimate” , “outlook”, “anticipate”, “project” and similar words, including their negatives, suggest future outcomes or certain events or conditions that “might” or “will happen”. These statements are predictions only.

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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 in drawing conclusions or making forecasts or assumptions set forth in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown factors, variables, risks and uncertainties, many of which are beyond the control of the Company, which could cause the Company’s actual performance and results to differ materially from any future projections. performance or results expressed or implied by such forward-looking statements. Such factors include, among other things, regulatory or political changes such as changes in applicable laws and regulations; ability to obtain and maintain necessary licenses; the sports industry and sports betting is a highly regulated industry; the complex and evolving regulatory environment of the online gaming and online gambling industry; the success of sports games and other betting products is not guaranteed; changes in public perception of the sports and online gambling industry; failure to retain or add customers; A company with a limited operating history; negative cash flow from operations; operational risk; cybersecurity risks; trust in management; reliance on third parties and third party networks; exchange rate risks; risks associated with cryptocurrency exchanges; the risk of intellectual property infringement or invalid claims; the impact of capital market conditions and other factors on the availability of funds; competition, including competitors that are more established or better funded; and general economic, market and business conditions. For additional risks, please see the Company’s management’s discussion and analysis for the three and nine months ended September 30, 2024 under the heading “Risk Factors”, and other disclosure documents available on the Company’s SEDAR+ profile at www.sedarplus.ca.

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No assurance can be given that the expectations expressed in forward-looking statements will prove to be true. Although the forward-looking statements contained in this news release are based on what the Company’s management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with those forward-looking statements, as there may be other factors that cause results to differ from those expected, estimated or intended. . 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 undertakes no obligation 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.

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