Manchester City’s official training kit partner for the 2022-23 season will be OKX Crypto Exchange, which announced the expansion of its current partnership on Sunday. The new agreement makes the Crypto exchange the official training kit partner of the Premier League champions for the 2022/2023 season. Haider Rafik wants users to use the demo feature of the Crypto trading platform to learn actual trading, even as Manchester City players prepare for the new season. Some Manchester City players will also be featured on the OKX cryptocurrency exchange, a cryptocurrency education content under the current partnership.
OKX is a renowned cryptocurrency trading application as well as a Web3 ecosystem. OKX is the quickest and most reliable crypto trading application of preference for investors and successful traders worldwide, with over 20 million global consumers in over 180 foreign marketplaces. The Virtual Assets Regulatory Authority (VARA) in Dubai recently awarded OKX, a Seychelles-based crypto trading website, a “provisional virtual assets licence that can provide assistance to eligible investors in the UAE.”
In addition to existing partnerships, the director of financial markets at cryptocurrency exchange OKX recently told Coin Desk that it plans to increase its workforce by 30 per cent to reach 5,000 employees. In March, Premier League club Manchester City named OKX as their official cryptocurrency partner in what was then described as a multi-million dollar deal. The partnership began earlier this year when Manchester City announced a multi-million dollar deal with the second-largest cryptocurrency exchange, Spot-Trading.
OKX will be Manchester City’s official training kit partner for the 2022–23 season. The kit deal will cost OKX $20 million and will require Manchester City teams to wear OKX logo shirts. The agreement follows Tezos’ decision to sponsor the nearby club Manchester United training kit in February. Manchester United added Tezos as a sponsor in February in a $27 million-a-year deal, according to The Athletic.
In February, rival Manchester United signed a $27 million sponsorship deal with blockchain company Tezos, according to The Athletic. The consortium, which includes former Manchester United and Chelsea CEO Peter Kenyon and American investor Maciek Kaminsky, is reportedly willing to pay no more than 380 million PS. BlockFi, which was valued at $4.8 billion on Pitchbook, is completing a $240 million sale to cryptocurrency exchange OKX, according to Yahoo Finance.
Financial figures were not disclosed; however, a source tells Forbes that the extended deal will net Manchester City over $20 million over the internet this season. The Sterling deal will cost Chelsea 50 million PS, including surcharges, just a million more than Manchester City paid Liverpool in 2015. It’s like the income is coming to the citizens from everywhere.