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Premier League Champions Collaborate With OKX Exchange -Breaking

by Mike Robinson

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Premier League Champions Team up with OKX Exchange
  • Manchester City agrees to a partnership with OKX Exchange
  • The crypto exchange will now be able to enter a sports-lead environment.
  • After the announcement of the deal, OKB prices surged.

The English Premier League Champions — Manchester City — announced its multimillion 12-month settlement deal with OKX crypto exchange. OKX becomes the official cryptocurrency exchange partner for Manchester City.

OKX, which is acclaimed as the second-largest crypto exchange in derivatives, will represent Manchester City’s women’s, men’s, and esports operations. This partnership will be one of its kind for OKX, as it marks the exchange’s foray into the sports world.

Additionally, each Manchester City venue will be covered by the agreement. In the agreement, you will have access to the Etihad Stadium (55,000 seats) and Academy Stadium (7,000 individual capability). Moreso, the financial terms were not revealed, but as reported by Forbes, the terms will be split to take care of membership and the world’s sixth-most precious soccer staff at $4 billion.

Meanwhile, after the declaration of the deal, OKX’s coin — OKB — value rallied to a peak point at $20.6. It trades for $19.11 with a market cap around $1.15 billion.

The English football club has been using blockchain technology before. It has recently disclosed building the world’s first football stadium in the metaverse with the help of Sony (NYSE:). The metaverse will be occupied by the Etihad Stadium

OKX is the former name of OKeX. This Seychelles-based crypto trading platform was established in 2017. The exchange offers spot and derivative trading and a variety of cryptocurrency options.

Manchester City is an English team that was established in 1880. Etihad Stadium is located in east Manchester, England.

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