A major Counter-Strike 2 tournament is unfolding in Guangzhou, China, with a $1 million prize pool, top international teams, and precisely zero crypto sponsors attached.

FaZe Clan advanced to the semifinals of the XSE Pro League Guangzhou 2026 on July 10 after defeating BetBoom Team in a best-of-3 quarterfinal series played across Cache, Ancient, and Anubis. The tournament, organized by Chinese firm Xinsai Esports, runs from July 1 to 12 and represents the first Tier 1 CS2 event held in the Greater Bay Area.

The crypto-shaped hole in esports sponsorship

The XSE Pro League has no cryptocurrency sponsorships or blockchain integrations of any kind. For a Tier 1 event with a million-dollar purse, that’s a deliberate choice, not an oversight.

The prize pool itself is structured in an unusually transparent way: $500,000 goes directly to players, and $500,000 goes to the clubs.