Crypto platform WhaleFin to appear on Atlético de Madrid’s game kits in 5-year deal

Rick Steves

Amber Group has become the Official Global and Main Partner of Atlético de Madrid after signing a landmark five-year partnership with the football club.

The sponsorship deal aims to strengthen the brand of the firm’s flagship digital asset platform, WhaleFin.

As part of the sponsorship deal, WhaleFin will benefit from significant branding exposure as it will appear on the front of the team’s game kits. The firm will also be the exclusive Official Digital Wealth and Digital Lifestyle Partner of Atlético de Madrid.

WhaleFin is Amber Group’s flagship digital asset platform

WhaleFin, which offers access to digital asset trading and investing tools, will serve as the crypto gateway for Atlético de Madrid’s fans as the football universe increasingly intersects with the metaverse and NFTs.

Amber Group will have exclusive rights to establish “Atletiverse”, a virtual island supported by Amber Group’s Web3.0 subsidiary Openverse. Fans will be able to enjoy one-of-a-kind fan experiences on Atletiverse and engage with like-minded fans from all over the world.

Michael Wu, Chief Executive Officer of Amber Group, said: “This multi-year partnership is a monumental moment for Amber Group, and we are proud to be partnering with Atlético de Madrid, one of the top football clubs in Spain and Europe. This partnership celebrates our shared values in teamwork and community-building which are resonant in both the world of sport and crypto finance. As we continue to work towards a more connected and inclusive global economy that promotes fair opportunity for all, we look forward to democratizing financial innovation and to creating opportunities for everyone to start on their digital asset journey.”

Miguel Ángel Gil, Chief Executive Officer of Atlético de Madrid, said: “Today is a significant day for the future of Atlético de Madrid, as we join forces with a global leading company in the digital finance space. This partnership aligns with our desire to evolve digitally and being able to offer better, more superior digital experiences to our fans. We wholeheartedly believe that Amber Group is the perfect partner to achieve this and I would therefore like to thank its CEO, Michael Wu, for his trust and commitment to our club.”

Read this next

Uncategorized

US and South Korea seek extradition of Luna founder Do Kwon

Both US and South Korean officials are seeking to extradite Terraform Labs CEO Do Kwon, just hours after he was arrested in Montenegro.

Retail FX

Pepperstone UK doubles profit, client assets in 2022

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Institutional FX

CLS FX volume rises to just shy of $2 trillion in February

Foreign exchange settlement provider, CLS Group saw strong volumes in February 2023 as the banking crisis continues to weigh on a world economy that’s yet to fully recover from the Russia-Ukraine war’s shocks.

Digital Assets

Binance restores trading after 2-hour outage

Binance suffered a breakdown on its trading engine that lasted for about two hours, but the premier cryptocurrency exchange finally managed to restore normal operations at around 14:00 UTC.

Digital Assets

Tether earns $700 million in Q1, taking excess reserves to $1.6 billion

Tether chief technology officer Paolo Ardoino said the world’s largest stablecoin issuer expects to earn more than $700 million in the January-Mach quarter, which will be added to the reserve backing its stablecoin (USDT).

Digital Assets

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.

Technology

SteelEye tries ChatGPT for market surveillance

This capability can be used as a starting point for initiating a surveillance investigation and to standardize workflow processes to boost the throughput and consistency of cases. It is also useful when analyzing communications in foreign languages, as the system returns the above insights in English regardless of the languages being used.

Industry News

SEC charges ex-Morgan Stanley advisor of NBA players after $13m fraud

Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint. 

Industry News

AWS FinTech Africa Accelerator launched, applications until April 27, 2023

Founders will be offered tech resources, expert guidance, and a global network of industry leaders, technologists, entrepreneurs, investors, associations, and partners, in order to build their fintech products. 

<