What's Hot

    CBDC Anti-Surveillance State Act Advances Through House Committee

    September 21, 2023

    CoinEx Resumes Operations and Fortifies Security After $70 Million Hack

    September 21, 2023

    Stanford University to Return $5.5 Million in Crypto Gifts from FTX

    September 21, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    The Bull's GazetteThe Bull's Gazette
    Members Area
    • News
      1. Markets
      2. Policy & Economy
      3. Business
      4. Tech
      Featured

      CoinEx Resumes Operations and Fortifies Security After $70 Million Hack

      News September 21, 2023
      Recent

      CoinEx Resumes Operations and Fortifies Security After $70 Million Hack

      September 21, 2023

      Stanford University to Return $5.5 Million in Crypto Gifts from FTX

      September 21, 2023

      Balancer Attributes Website Hijack to DNS Provider Due to ‘Social Engineering Attack’

      September 21, 2023
    • Features
      • Opinion
    • Research
      • Publications
      • Market Analysis
      • Contribute
    • Finance & Crypto Guides
    • Consultation
    • Membership
    • Store
    The Bull's GazetteThe Bull's Gazette
    Home»News»Coinbase Expands Partnership with Borussia Dortmund
    News

    Coinbase Expands Partnership with Borussia Dortmund

    Anietie DavidBy Anietie DavidJanuary 23, 2023Updated:January 23, 2023No Comments2 Mins Read
    Coinbase Expands Partnership with German Football Club, Borussia Dortmund
    Share
    Facebook Twitter LinkedIn Pinterest Email

    According to reports, US-based cryptocurrency exchange Coinbase has strengthened its partnership with the highly successful German soccer team, Borussia Dortmund (BVB). The agreement, which designates the platform as a Premium Partner of the Bundesliga club, will be valid until the end of June.

    In July 2020, Coinbase began its partnership with Borussia Dortmund by displaying advertisements on the video screens in the club’s stadium. Recent reports indicate that the two have broadened their collaboration.

    With the new agreement, Coinbase will serve as BVB’s Premium Partner and will market its products and services at Signal-Iduna-Park, the club’s home ground and Germany’s largest stadium. The company will also conduct crypto education programs for the team’s employees.

    Carsten Cramer, Borussia Dortmund’s Managing Director, said that the partnership will last until the end of June but could be prolonged depending on the future condition of the cryptocurrency sector. He also mentioned that Coinbase’s BaFin license was a “basic requirement” for the partnership. The company is among the few cryptocurrency entities registered with the German financial watchdog.

    Despite its recent growth, the exchange has faced significant challenges during the bear market. Last summer, it let go of about 18% of its total workforce and recently laid off an additional 950 people. Additionally, it has announced that it will cease operations in the Japanese market due to unfavorable economic conditions. Users in Japan have until mid-February to withdraw their assets from the platform and deposits were suspended as of January 20.

    Borussia Dortmund Deal Amongst Multiple Football-Crypto Partnerships

    Over the past few years, several leading cryptocurrency platforms, including Binance, Crypto.com, and Bitget, have formed partnerships with major soccer teams or famous players. 

    Binance, for example, is the main jersey partner of the Italian Lazio and the main global sponsor of Argentina’s national team, which is the reigning world champion. Additionally, Binance has collaborated with five-time Ballon d’Or winner Cristiano Ronaldo to release an NFT collection. 

    Crypto.com was the official sponsor of the FIFA World Cup Qatar 2022, and its logo was prominently displayed during all 64 matches. Bitget, on the other hand, is the sleeve partner of Italy’s most successful soccer club, Juventus, and has also partnered with arguably the greatest player of our times, Lionel Messi, to allow fans to explore Web3 and the potential of crypto trading on the platform.

    Borussia Dortmund Coinbase
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBinance Charity Set to Provide Over 30K Web3 Scholarships
    Next Article South Africa Sets Guidelines for Crypto Ads
    Anietie David

    Anietie has worked in the blockchain industry for three years, gaining experience in blockchain technology, cryptocurrencies, DeFi, and NFTs. As a seasoned content writer, he is passionate about creating effective content strategies for blockchain brands. In addition to content writing, he also has a strong interest in front-end development. When he's not working, he spends his time reading horror novels or playing CODM.

    Related Posts

    CoinEx Resumes Operations and Fortifies Security After $70 Million Hack

    September 21, 2023

    Stanford University to Return $5.5 Million in Crypto Gifts from FTX

    September 21, 2023

    Balancer Attributes Website Hijack to DNS Provider Due to ‘Social Engineering Attack’

    September 21, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    Top Posts

    Hong Kong Monetary Authority (HKMA) Issues Warning on Misleading Crypto Banking Claims

    September 18, 2023

    Report Shows that 99% of Nigerians are Crypto Aware

    September 4, 2023

    Hong Kong Report Reveals Positive Impact of Bond Tokenization on Market

    August 26, 2023

    Our best content, straight to your inbox.

    Disclaimer

    Capital at risk. Content on this website does not constitute financial advice. Please do your due diligence before making any investment.

    Company
    Company

    At the forefront of news and analysis for emerging markets, business, crypto and tech - TBG is redefining financial information through resources for next-generation economics.

    Facebook Twitter Instagram LinkedIn TikTok Discord
    Links
    • About
    • Contribute
    • Advertise
    • Careers
    • Membership
    • Investor Relations
    • Frequently Asked Questions

    TBG Newsletter

    © 2023 The Bull's Gazette.
    • Terms and Privacy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.