{"id":20010,"date":"2022-03-04T13:01:44","date_gmt":"2022-03-04T12:01:44","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=20010"},"modified":"2022-03-04T13:01:44","modified_gmt":"2022-03-04T12:01:44","slug":"manchester-city-partners-with-okx-cryptocurrency-exchange","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/manchester-city-partners-with-okx-cryptocurrency-exchange\/","title":{"rendered":"Manchester City partners with\u00a0OKX\u00a0cryptocurrency exchange"},"content":{"rendered":"\n
OKX (formerly OKEx) cryptocurrency exchange is now the official crypto partner of Manchester City FC<\/a>, the duo have signed a multi-year deal to seal the partnership.<\/h5>\n\n\n\n
\"Manchester<\/figure><\/div>\n\n\n\n

Manchester City announced an agreement with OKX (formerly OKEx) cryptocurrency exchange\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, which will now serve as the official cryptocurrency exchange partner of the football club, according to Forbes.<\/p>\n\n\n\n

Details of the OKX-Manchester City deal<\/h2>\n\n\n\n

OKX will be permitted to brand Manchester City's male and female teams, as well as numerous e-sports operations, according to the deal.<\/p>\n\n\n\n

Apart from soccer teams<\/a>, soccer fans will see the OKX brand and advertisement in Etihad Stadium and Academy Stadium, each of which can hold over 60,000 people.<\/p>\n\n\n\n

The deal's financial parameters were not published, although Forbes insiders say it was in the multi-million dollar range. It's worth noting that Manchester City is the world's sixth most valuable soccer team, valued at $4 billion.<\/p>\n\n\n\n

With additional agreements like this, crypto-related enterprises are aiming for a broader audience in order to attract more private funds<\/a>, which were the market's major fuel in 2021.<\/p>\n\n\n\n

Crypto exchange and sports<\/h3>\n\n\n\n

The naming rights to the Miami Heat arena <\/a>were sold to FTX last year for $135 million over 19 years. The agreement allows the exchange to use its brand instead of the stadium's name as the name.<\/p>\n\n\n\n

The agreement also includes a list of well-known celebrities and athletes who have begun endorsing the exchange. Crypto spending in sports is predicted to reach $5 billion by 2026, according to recent Nielsen statistics.<\/p>\n\n\n\n

OKX is one of the largest derivatives trading platforms on the market, and it represents old-school exchanges. Despite coming in the second position on the derivatives market<\/a>, OKX is constantly finding new ways to grow, as evidenced by the platform's 700 percent increase in 2021 alone.<\/p>\n","protected":false},"excerpt":{"rendered":"

OKX (formerly OKEx) cryptocurrency exchange is now the official crypto partner of Manchester City FC, the duo have signed a multi-year deal to seal the partnership. Manchester City announced an agreement with OKX (formerly OKEx) cryptocurrency exchange , which will now serve as the official cryptocurrency exchange partner of the football club, according to Forbes. […]<\/p>\n","protected":false},"author":12,"featured_media":16191,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,21],"tags":[5623,5951,7846,5880],"class_list":["post-20010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-news","tag-football-2","tag-manchester-city","tag-okx","tag-sports-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/01\/image-26.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/20010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=20010"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/20010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/16191"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=20010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=20010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=20010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}