Dana White’s new slap-fighting organization Power Slap is inking a sponsorship deal with crypto blockchain firm VeChain. VeChain will reportedly have promotional branding on athletes’ kits, and sponsor title events. While the details of the deal have yet to be announced, a source tells Bloomberg that the deal is worth over $10 million.

Proud to be joining forces with @danawhite and @powerslap, driving the league to its new home on YouTube!

We've much more cooking in the background. Stay tuned in the coming weeks!

BIG $VET https://t.co/CVDDlhSZ0N

— VeChain (@vechainofficial) March 3, 2025

The Power Slap League will be brought to viewers on YouTube powered by VeChain, Dana White said in a post to X Monday. VeChain also says there is “much more cooking in the background,” teasing even more work being done between VeChain and the UFC/Power Slap CEO.

Power Slap was launched in 2023 by White, and featured on the television network TBS. The competition’s premise sees two opponents stand their ground and take turns to strike each other across the face, with the goal being to win by knockout. Power Slap currently has more YouTube subscribers than several pro sports leagues, including the NHL, NASCAR, the PGA Tour, and X Games. Additionally, Dana White reported last May that Power Slap has already hit a $750 million valuation.

Also Read: US Congressman Introduces Bill to Put Donald Trump On $100 Bill

“All the things that come with a traditional television deal, I do not like,” White said in a phone interview with Bloomberg. “They want to control the product, they want the commercials. Power Slap was built on the internet.” For VeChain, the crypto platform already has a deal with the UFC, so this isn’t the first partnership between White and the blockchain network.

More info on the deal will be revealed soon, including contract length, and whether the deal was done in cryptocurrency or not. The deal may also be a spark for VeChain’s native VET currency, which is down 9% today to $0.02984.

The ongoing shift toward embracing cryptocurrencies has been a prevailing story of 2025 so far. Moreover, many experts don’t expect the value of the asset class to slow any time soon. Among them is Michael Saylor, who recently said that Bitcoin’s market cap will reach a value of $200 trillion.

The Strategy founder has long been one of Bitcoin’s most ardent defenders. His belief in the asset’s potential has never wavered, and speaking with CNBC today, the executive reiterated his projection that BTC will surpass a market value of $20 trillion, ultimately heading toward that $200 trillion mark.

JUST IN: Michael Saylor says Bitcoin's market cap is "going to $20 trillion, and then $200 trillion." pic.twitter.com/DpFccJ5ci2

— Watcher.Guru (@WatcherGuru) March 3, 2025

Also Read: Michael Saylor’s CPAC 2025 Bitcoin: From Conservative Stronghold to MicroStrategy’s Big Bet

Michael Saylor Forsee’s Bitcoin’s Market Cap Reaching $20 Trillion, Then $200 Trillion

The digital asset sector has undergone unprecedented growth over the last 14 months. In 2024, the industry saw massive improvements, with Bitcoin reaching a six-figure price for the first time ever. Although it failed to increase in value this year, talks of a crypto reserve in the US reversed course for a host of tokens.

There is no denying the potential the asset and its leading token by market cap have for the near future. Moreover, there are many who have consistently supported the belief in that potential. However, none has been more vocal than Michael Saylor, who recently said Bitcoin can reach a market cap of $200 trillion.

Also Read: Michael Saylor & El Salvador President Talk Global Bitcoin Adoption

“Right now, we’re about $2 trillion in Bitcoin; it’s going to $20 trillion,” Saylor said in an appearance Monday. Saylor didn’t mince words when he added, “Then it’s going to $200 trillion, then it’s growing 20% a year.” Altogether, he discussed the importance of the US position in that growth. Specifically, how it could help the nation’s struggling economic position.

“If the United States takes a position in the emerging crypto economy if it buys up 10%-20% of the Bitcoin network, we’re going to pay off the national debt,” Sayor said. “Why wouldn’t that be in the interest of the United States?” Saylor added. Ultimately, the country’s position will be dictated by whether they agree with his assessment of BTC’s potential in the long term.