OKX Sponsors McLaren and Manchester City in a $25-50m Deal!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 14, 2023 13:02

The crypto exchange OKX is sponsoring two big names in sports, McLaren and Manchester City, with a yearly spend of $25-50 million. OKX hopes to make a lasting impression with its long-term sponsorship deal, with the McLaren partnership set to last for five years, with the possibility of extending for another decade. Many crypto companies have had short-lived partnerships with sports organizations, with FTX, the now-bankrupt crypto exchange, serving as a painful reminder of the volatility of the crypto sector’s association with sports.