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Did Pro Cycling’s Crypto Bubble Burst? Canyon//SRAM Women’s Team Drops Zondacrypto!

Did Pro Cycling’s Crypto Bubble Burst? Canyon//SRAM Women’s Team Drops Zondacrypto!

CANYON//SRAM is back to being CANYON//SRAM.

The team announced it has terminated its partnership with Zondacrypto, effective immediately, citing breaches of contract. Zondacrypto’s name isn’t just coming off the jersey; it’s coming with baggage. Zondacrypto is reportedly caught up in a serious mess in Poland, with frozen user funds, a withdrawal crisis, and fraud investigators looking into more than $95 million in alleged losses.

That’s not exactly the kind of sponsor cloud a WorldTour team wants hanging over the bus. So, the Women’s WorldTour squad will race (again) as CANYON//SRAM, while the development team returns to CANYON//SRAM Generation.

(Photos/Canyon)

Simple enough on paper. In reality? That’s a mid-season rebrand, new kit, updated equipment, digital changes, UCI paperwork, and probably a few very tired people staring at logo files. But these are professionals, and there are no changes to the equipment they are using, so think of it as a new kit colorway.

The team says the transition is already underway, with branding updates across clothing, bikes, online platforms, and official UCI channels expected to be fully wrapped by August 1, 2026.

Not ideal timing. But bike racing rarely waits for a clean pause in action for a sponsor shake-up.

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(Canyon photo shoot in Flanders with Zoe BÄCKSTEDT (GBR/CANYON//SRAM zondacrypto) over the Ponteweg cobbles Photo/©kramon)

Same Team | Familiar Name

This is not a case of a program suddenly looking for its footing. CANYON//SRAM has been one of the defining teams in modern women’s cycling for more than a decade, with a resume that includes an overall win at the Tour de France Femmes avec Zwift, multiple world champion titles, the Zwift Academy, and the creation of CANYON//SRAM Generation.

That Generation program is a big one. It wasn’t just a nice idea bolted onto a WorldTour team. It gave young riders a real pathway into the top level of women’s racing, and it helped set the tone for what development should look like in the sport.

So yes, losing a naming partner mid-season is a headache. But this doesn’t read like a team in panic mode. It reads like a team cutting the cord and getting back to work.

Team Manager Ronny Lauke put it plainly The organization had respected its contractual obligations and legal procedures, but was ready to draw a line and move forward.”

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(Photo/Canyon)

What Lays Ahead – Giro Starts Now, Tour Still Looms

The timing is spicy because CANYON//SRAM’s WorldTour squad heads straight into the Giro d’Italia Women, which starts May 30. The team says it will target both stage wins and GC ambitions in Northern Italy.

The Tour de France Femmes avec Zwift is still on the board, too. The team says its ambitions to fight for the overall at the WorldTour level remain unchanged. In other words, the name on the jersey may be changing, but the race plan isn’t.

Meanwhile, CANYON//SRAM Generation gets a short reset after podium rides across three stage races in the Czech Republic and Austria. The development squad returns June 12 at the Tour Féminin des Pyrénées, with the Col du Tourmalet on the menu.

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(Throwback to the OG Canyon//SRAM team kits. Photo/Rapha)

What Actually Changes?

Mostly the look. The bikes are still Canyon. The drivetrain identity is still SRAM. The structure, riders, staff, and long-term team project remain intact. What changes is the Zondacrypto branding disappearing from the program.

That matters visually, of course. CANYON//SRAM has always had one of the most recognizable looks in the women’s peloton; loud kits, sharp bike paint jobs, and a brand identity that stood out in the bunch. The return to the cleaner CANYON//SRAM name feels familiar because it is.

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(The Tour is looming, and we’re all ready. Photo/Zwift)

Behind the scenes, though, this is a pile of work. Updating kits, bikes, websites, social channels, sponsor assets, race registrations, and UCI documents mid-season is not exactly a rest-day massage.

But from the outside, the message is clear: the team is stable, the calendar is moving, and the goals haven’t changed.

The Zondacrypto chapter is over. The double slash remains.

Now comes the harder part: racing like nothing happened.

Canyon//SRAM

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