Bank

Crypto asset exchange, Crypto.com, has just signed a multi-year partnership with the UEFA Champions League. This exclusive deal makes the global exchange the official sponsor of Europe’s top tournament soccer club.
<h2 id="b-the-significance-of-the-crypto-com-and-uefa-partnership-b">The Significance of the Crypto.com and UEFA Partnership</h2>
Earlier today, the exchange announced that the main aim of this sponsorship deal is to improve fan interaction by crafting unique experiences on match days.&nbsp;
Both parties intend to merge football and crypto innovations through in-stadium activations, broadcast elements, and advertising initiatives.
The official unveiling of the sponsorship will take place during Wednesday’s UEFA Super Cup match between Real Madrid and Atalanta in Warsaw, during which Crypto.com branding will be displayed. However, the exchange did not mention the financial details and duration of the multiyear agreement.&nbsp;
This comes two years after the <a href="https://thecoinrise.com/crypto-com-abandons-495m-uefa-sponsorship-deal/" rel="noopener noreferrer nofollow">exchange withdrew from a five-year deal worth $495 million</a> with the Champions League due to legal concerns regarding its licenses for trading in the U.K., France, and Italy.
<h2 id="b-crypto-com-expands-its-sporting-presence-b">Crypto.com Expands its Sporting Presence</h2>
This exclusive deal is part of Crypto.com’s plan to continue <a href="https://thecoinrise.com/crypto-com-eyes-more-partnerships-in-the-sports-landscape/" rel="noopener noreferrer nofollow">expanding its foray into the sports arena through additional partnerships</a>, as disclosed in May.
Over the past years, the trading platform has successfully secured partnerships with <a href="https://thecoinrise.com/crypto-com-tops-100m-users-thanks-to-formula-1-collaboration/" rel="noopener noreferrer nofollow">Formula 1</a>, <a href="https://thecoinrise.com/ufc-nfts-set-for-release-in-collaboration-with-crypto-com/" rel="noopener noreferrer nofollow">UFC</a>, and <a href="https://thecoinrise.com/fifa-chooses-crypto-com-as-its-official-sponsor-for-the-upcoming-world-cup-in-qatar/" rel="noopener noreferrer nofollow">FIFA</a>. Also, the company acquired 20 years of naming rights for the Crypto.com Arena, Los Angeles, in a $700 million deal.&nbsp;
It even snagged the naming rights to the venue for the NBA’s Los Angeles Lakers and NHL’s Los Angeles Kings.&nbsp;
<h2 id="b-crypto-com-secures-massive-approval-deals-b">Crypto.com Secures Massive Approval Deals&nbsp;</h2>
Crypto.com has been expanding its reach not only through sponsorship deals but also by obtaining regulatory approvals in various countries.&nbsp;
Recently, the exchange <a href="https://thecoinrise.com/crypto-com-introduces-retail-trading-services-in-south-korea/" rel="noopener noreferrer nofollow">solidified its presence in the South Korean digital market </a>by launching a retail trading services platform. Following this, the exchange <a href="https://thecoinrise.com/crypto-com-makes-headlines-with-its-vasp-license-approval-in-ireland/" rel="noopener noreferrer nofollow">secured approval from the Central Bank of Ireland</a> as a Virtual Asset Service Provider (VASP).&nbsp;
In 2023, the Singapore-based exchange was <a href="https://thecoinrise.com/crypto-com-secures-approval-in-netherlands-after-binances-exit/" rel="noopener noreferrer nofollow">officially authorized in the Netherlands</a> to provide crypto-related services in the region, including several other countries.&nbsp;
The post <a href="https://thecoinrise.com/crypto-com-scores-exclusive-deal-with-uefa-champions-league/" rel="noopener noreferrer nofollow">Crypto.com Scores Exclusive Deal with UEFA Champions League</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

Crypto.com Scores Exclusive Deal with UEFA Champions League

Table of Contents

TheCoinrise Media

Other articles published on Aug 14, 2024

DeFi Dominance Metric Plunges to Three-Year Low

London-Based Capula Investment Reveals $464M in Bitcoin ETFs

Whale Buys 420B Pepe Coin Amid Dips: Analyst Predicts Bullish Future

The Toncoin Price Pumps 13% In A Week, But Analysts Say Consider This New Meme Coin For Exponenti...

Binance Hit with $86M Tax Demand by Indian Authorities Over GST Registration

Bitcoin falls under $60K as investors' global economic slowdown concerns rise

Join our free newsletter for daily crypto updates!