Sports discussion platform, RoundtableSports, announces $30 million in Bitcoin funding.
RoundtableSports, a new global sports media network, has secured $30 million in Bitcoin financing to support its growth and the expansion of its Web3 technology. The network, which is operated on RTB Digital's Web3 platform, aims to evolve into the world's largest sports audience through its innovative publishing model.
The network was launched by a group of more than 100 former Sports Illustrated journalists, led by Kade Kistner, a former Sports Illustrated team publisher who now serves as the EVP of Roundtable's Global Sports Network. Graeme Roustan, publisher of The Hockey News, has also brought his NHL media network onto the RoundtableSports platform.
Tom Brew, a veteran journalist with 40 years of experience, has been appointed as the National Editor-in-Chief of RoundtableSports. The network now counts over 170 fully credentialed journalists, providing comprehensive in-person coverage for major teams across North America and Europe.
RoundtableSports has entered a partnership with The Hockey News, a 70-year-old brand trusted by millions of hockey fans. Roustan emphasized that Roundtable was able to deliver both professionalism and innovation to his brand.
James Heckman, founder of RTB Digital, confirmed the capital raise to support both RoundtableSports and the expansion of its Web3 technology. Heckman's mission is to strengthen authentic, human-driven journalism as an alternative to automated, AI-driven content.
Kistner highlighted that Roundtable offers a rare opportunity for journalists to safeguard their work through on-chain data protection, smart-contract payment systems, and community-driven engagement features. RTB aims to protect publishers against challenges posed by existing tech giants and address issues such as data harvesting, blocking direct communication with audiences, and concealing revenue flows.
Brew commented that RTB treats journalists as business partners, giving them tools and ownership rights not previously available in traditional media settings. Roustan expressed confidence that Roundtable could evolve into the world's largest sports audience through its Web3-driven publishing model.
RTB Digital also announced the successful raise of $30 million to further develop its Web3 ecosystem, integrate a Bitcoin liquidity pool, and modernize the infrastructure of publishing. However, the available search results do not provide information about the person behind RTB Digital or the company financing RoundtableSports and operating its Web3 platform.
The network operates on RTB Digital's Web3 platform and has an integration into Yahoo Sports. The goal is to provide a self-sustaining payment model and empower the future of digital media ownership. With its innovative approach and ethical focus, RoundtableSports is set to redefine the landscape of sports media.
