Forex trading platform TigerWit has announced a new partnership with Liverpool Football Club and the launch of a new blockchain-based trading app that gives clients access to access to key global markets and trade FX, indices, commodities and metals.
Under the terms of the partnership, TigerWit becomes the ‘Official Foreign Exchange Trading Partner of Liverpool FC’ in an arrangement that gives the company a unique opportunity to increase its brand recognition and drive adoption of its new trading app which comes with a DLT-based settlement system.
Football Clubs Embrace Blockchain Partnerships
The partnership becomes the latest in a growing pattern of European football clubs embracing partnership opportunities with organisations in the blockchain space, as the world of sports and the world of cryptocurrency increasingly see the possibility of a symbiotic relationship.
We earlier reported that Global online investment platform eToro signed a partnership paid for in bitcoin with seven Premier League clubs namely Tottenham Hotspur, Newcastle United, 2015-16 champions Leicester City, Crystal Palace, Southampton, Cardiff City and Brighton & Hove Albion. It was also reported that French football giant PSG is planning to launch its own cryptocurrency with a token offering aimed at incentivizing its supporters over a blockchain.
At the start of the 2018/19 season, newly promoted Premier League side Wolverhampton Wanderers inked a sleeve sponsorship deal with crypto platform CoinDeal to run for the duration of the season. More recently, We reported that Newcastle United and Cardiff City are in talks with SportyCo, a decentralized sports investment & funding platform, to launch their Initial Coin Offering (ICO) round.
Expressing his satisfaction over the partnership with Liverpool, TigerWit CEO, Tim Hughes, said:
“Today is a proud day for TigerWit, we are launching our innovative blockchain-based trading app and partnering with Liverpool FC. TigerWit believes in a market that does not discriminate or play favourites. We have developed a pioneering blockchain-based settlement system that instills trust by delivering greater security and process efficiency. Trading should be, and can be, more transparent and fair for all traders, regardless of experience or the size of their account.”
In his reaction, Billy Hogan, Managing Director and Chief Commercial Officer, Liverpool FC, said:
“We are very happy to add TigerWit as our newest club partner and our official Online Foreign Exchange Trading Partner. Our worldwide following will generate global exposure for TigerWit, whilst their core markets of the UK, Europe and Asia each have tremendous numbers of Liverpool FC supporters. Through this new partnership with TigerWit, we look forward to marketing activations, which help offer our fans activities and experiences to bring them even closer to the Club.”
Founded in 1892, Liverpool FC is one of the world’s most legendary football clubs having won eighteen League Titles, seven FA Cups, eight League Cups, five European Cups, three UEFA Cups, three European Super Cups and fifteen Charity Shields.