Coinbase is expanding his partnership with the German Football Association Borussia Dortmund (report)
Coinbase is expanding his partnership with the German Football Association Borussia Dortmund (report)
The cryptocurrency exchange based in the USA-Coinbase-has reportedly doubled its agreement with one of the most successful German football teams-Borussia Dortmund (BVB).
The deal that makes the platform a premium partner of the Bundesliga club is still running until the end of June. Coinbase began his partnership with Borussia Dortmund in July last year with the circuit of advertisements on the video image umbrellas in the club's stadium. According to current reporting, the two have expanded their cooperation. According to the new conditions, Coinbase will act as a premium partner of the BVB, advertise its products and services in the signal-iduna-Park (the home stadium of the association and Germany's largest stadium) and offer crypto education programs for the team's employees. It remains unknown how much coinbase spent to complete the deal. The managing director of Borussia Dortmund - Carsten Cramer - said that it will last until the end of June, but could be extended depending on the future conditions of the cryptocurrency sector: "The industry is very exciting, but still new. That is why we want to keep our flexibility open."
Cramer added that the BaFin license from Coinbase was a "basic prerequisite" for the end of the partnership. The company is one of the few cryptocurrency companies registered with the German financial supervisory authority. Despite its latest expansion, the stock exchange has to deal with serious problems during the bear market. It released around 18% of its overall workforce last summer and terminated another 950 people at the beginning of this month. also , citing the Japanese market, citing unfavorable economic conditions. Local users have time to withdraw their stocks from the platform by mid -February, while the deposits were stopped today (January 20). Leading trading places for cryptocurrencies, including Binance, Crypto.com and Bitget, have worked with football giants or famous players in recent years. Binance acts as the main jersey partner of the Italian Lazio and is the worldwide main sponsor of the Argentine national team (the incumbent world champion). It also put together with the winner of five Ballon d’Or awards-Cristiano Ronaldo-to drop an NFT collection. Krypto.com was the official sponsor of the FIFA World Cup Qatar 2022, and his logo was visible during each of the 64 games of the tournament. asks is a sleeve partner of Italy's most successful football club-Juventus. It also teamed up with the biggest player of our time - Lionel (Leo) Messi - to enable fans to explore web3 and the potential of the crypto cland on the platform. . make the collaboration public
The rivals are already immersed on the soccer field