New York-based Drone Racing League landed its most significant sponsorship agreement to date with cryptocurrency platform Algorand, the company said Tuesday. DRL is a first-person-view racing league where drone pilots race devices through neon-lit courses and compete for prize money. The company started in 2015 and is now valued at $200 million, according to PitchBook. Terms of the agreement with Algorand were not made public, but people with knowledgeIn an interview with CNBC last week, DRL President Rachel Jacobson called the pact with Algorand “transformative” and the “perfect marriage.” She added the crypto ... (full story)