OKX Becomes The Main Crypto Exchange Partner Of Manchester City

Crypto exchange OKX becomes the main crypto exchange partner of English Premier League club Manchester City as we are reading furhter in our latest cryptocurrency news.

OKX becomes the main crypto exchange partner of Manchester City and joined the growing number of digital asset tradign platforms partnering with some prominent representatives of the sports industry the company collaborated with the club and has become the team’s official crypto exchange partner. Forbes announced the news and indicated that the reigning Premier League champions will display the logo of the exchange inside the home ground Etihad Stadium and the Academy Stadium. The press releases shed more light on the deal which is OKX’s first venture into this industry. The partnership will also spend the men’s and women’s teams in addition to the esports operations. City Football Group COO Roel De Vries noted:

“We are pleased to welcome OKX as an Official Partner of Manchester City today as they took to venture into the world of sports. The new partnership aligns with our shared values of innovation, drive for success, and being at the cutting edge of our respective industries. Their broad and inclusive approach to targeting diverse audiences resonates with our approach.”

There’s no information on the deal’s value and it is only known that it will be a long-year partnership. The team announced more plans to build a replica of the Etihad Stadium in the MEtavrse via a partnership with Sony Corporation and with this collaboration OKX joined many other exchanges that made similar moves. Crypto.com is among these leaders and worked with LA Lakers’ LeBron James and purchased the naming rights for the home court known as the Crypto.com Arena. FTX even signed a $10 million deal to sponsor the Golden State Warriors Steph Curry and became the exchange’s ambassador.

As recently reported, Global crypto exchange OKEx is ramping up the Defi efforts with the introduction of the DeFi Hub as a decentralized digital asset ecosystem that includes a marketplace for NFTs. According to the announcement, the crypto spot and derivatives exchange launched a Defi hub with two tools, DeFi dashboard, and NFT marketplace. The latter enables users to mint their own NFTs and sell with a royalty fee which is set by the creator.