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BingX Inks Sleeve Sponsorship Deal with Chelsea
Chelsea Football Club has closed a sleeve
sponsorship deal with BingX, a prominent cryptocurrency exchange. This
partnership will allow BingX’s brand to appear on the club’s kits for the
remainder of the English Premier League (EPL) season.
Additionally, according to a report by The Athletic,
there are plans to have the company’s logo appear on the front of Chelsea’s
training kits in the upcoming 2024-25 EPL season.
As the crypto world continues to gain traction,
BingX, founded in 2018 and serving a user base of over 10 million
globally, aims to leverage
Leverage
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
Read this Term this partnership to expand its brand presence.
Chelsea’s constant pursuit of partnerships to
enhance its commercial revenue stream reflects the competitive nature of EPL football. With BingX on board, the English football club is embracing the world
of cryptocurrency.
Currently, Infinite Athlete appears on Chelsea’s
front-of-shirt for this season. However, it will reportedly transition to
adorning the club’s training kit sleeves for the subsequent campaign. Notably,
Chelsea is yet to finalize its front-of-shirt sponsors for the 2024-25
season.
Last year, the club announced a multi-year collaboration with TMGM, a prominent online trading
Online Trading
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Read this Term and investment services
provider. This partnership marked TMGM’s first venture into sports sponsorship with a
major international football club.
Forging New Partnerships in the FX Space
In the deal, Chelsea chose TMGM as its official regional online forex and trading partner in the Asia Pacific region. The collaboration aims to
create engaging activations, fostering brand awareness for TMGM in the forex
market while delivering exclusive content and experiences to TMGM’s clients and
Chelsea fans across the region.
It signifies TMGM’s strategic shift towards establishing
its presence in the football realm, a departure from its prior sponsorships of
sporting events like the Australian Open and the Asean Football Federation
Mitsubishi Electric Cup, Finance Magnates reported.
Similarly, Chelsea entered into a sponsorship deal
with WhaleFin in 2022. This partnership, Valued at £20 million,
marked a significant shift in the club’s branding strategies, replacing its former sponsor, Hyundai.
Chelsea’s move was not isolated; it mirrored the
evolving landscape of sports partnerships, with other top-tier clubs like
Manchester United and Manchester City venturing into crypto sponsorships. Such
collaborations highlight the growing interest in blockchain technologies
within the sporting realm.
Chelsea Football Club has closed a sleeve
sponsorship deal with BingX, a prominent cryptocurrency exchange. This
partnership will allow BingX’s brand to appear on the club’s kits for the
remainder of the English Premier League (EPL) season.
Additionally, according to a report by The Athletic,
there are plans to have the company’s logo appear on the front of Chelsea’s
training kits in the upcoming 2024-25 EPL season.
As the crypto world continues to gain traction,
BingX, founded in 2018 and serving a user base of over 10 million
globally, aims to leverage
Leverage
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders
Read this Term this partnership to expand its brand presence.
Chelsea’s constant pursuit of partnerships to
enhance its commercial revenue stream reflects the competitive nature of EPL football. With BingX on board, the English football club is embracing the world
of cryptocurrency.
Currently, Infinite Athlete appears on Chelsea’s
front-of-shirt for this season. However, it will reportedly transition to
adorning the club’s training kit sleeves for the subsequent campaign. Notably,
Chelsea is yet to finalize its front-of-shirt sponsors for the 2024-25
season.
Last year, the club announced a multi-year collaboration with TMGM, a prominent online trading
Online Trading
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone
Read this Term and investment services
provider. This partnership marked TMGM’s first venture into sports sponsorship with a
major international football club.
Forging New Partnerships in the FX Space
In the deal, Chelsea chose TMGM as its official regional online forex and trading partner in the Asia Pacific region. The collaboration aims to
create engaging activations, fostering brand awareness for TMGM in the forex
market while delivering exclusive content and experiences to TMGM’s clients and
Chelsea fans across the region.
It signifies TMGM’s strategic shift towards establishing
its presence in the football realm, a departure from its prior sponsorships of
sporting events like the Australian Open and the Asean Football Federation
Mitsubishi Electric Cup, Finance Magnates reported.
Similarly, Chelsea entered into a sponsorship deal
with WhaleFin in 2022. This partnership, Valued at £20 million,
marked a significant shift in the club’s branding strategies, replacing its former sponsor, Hyundai.
Chelsea’s move was not isolated; it mirrored the
evolving landscape of sports partnerships, with other top-tier clubs like
Manchester United and Manchester City venturing into crypto sponsorships. Such
collaborations highlight the growing interest in blockchain technologies
within the sporting realm.
#BingX #Inks #Sleeve #Sponsorship #Deal #Chelsea
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