Cryptocurrency exchange OKX explained it has signed a cooperation agreement with reigning Premier League champions Manchester City.
OKX, also regarded as OKEx, announced on the afternoon of four March that it had efficiently partnered with Manchester City FC, the prime side of the English Premier League at the time.
OKX will turn out to be the official crypto companion of Manchester’s semi-blue men’s and women’s soccer staff on a multi-12 months contract, without the need of disclosing the sponsorship worth. Additionally, the floor emblem will also seem at the Etihad Stadium and Man City instruction ground.
#OKX teams up with @ManCity 🤝 🚀
⚽️ We are delighted to announce our partnership with EPL Champions Manchester City!
🤝 Together, we will assistance the local community spirit that football and #crypto Share.#OKXxManCity #cooperation
– OKX (@okx) March 4, 2022
However, neither side has announced any other agreements in the contract, this kind of as whether or not or not the OKX emblem will be place on the Man City shirts. The press release of the deal only says the two are exploring other options for cooperation.
Manchester City is 1 of the most proactive cryptocurrency adoption teams. After partnering with Socios / Chiliz to difficulty CITY fan tokens listed on Binance, the club also partnered with NEM to difficulty NFTs and just announced ideas to deliver Etihad Stadium to the metaverse in early February.
Meanwhile, city rivals Manchester United in early February also signed a instruction jersey sponsorship deal with blockchain platform Tezos, well worth up to £ 20m / 12 months.
The over agreement marks the initial time that OKX has partnered with a sports activities organization, following the trend of “huge spending” of a lot of of the main crypto platforms this kind of as Binance, FTX, Crypto.com, Terra, and so forth. via this area.
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