Football INDEX Announces Geographical Expansion

Football fans in Sweden and Canada can now capitalise on their football knowledge and build a portfolio by selecting from over 2,000 footballers – including footballers from the English Premier League, UEFA Champions League and UEFA Europa League.

Football INDEX, the world’s first football stockmarket which enables ‘football traders’ to buy and sell real money shares in the world’s top professional footballers, has announced its expansion into Sweden and Canada.

Football fans in Sweden and Canada can now capitalise on their football knowledge and build a portfolio by selecting from over 2,000 footballers – including footballers from the English Premier League, UEFA Champions League and UEFA Europa League.

Adam Cole, Founder and CEO of Football INDEX comments, “Football INDEX is rapidly gaining traction in the UK, with over 100,000 football traders from across the UK. We are keen to build on this momentum and evolve into a global brand.

“We have selected Sweden and Canada as the first step in our international expansion strategy because both nations have strong sporting heritage and English is widely spoken. This latest development is not only great news for Swedish and Canadian football/trading fans but will also be a significant boost for our UK football traders, as it will add further liquidity and trading activity into our market, resulting in increased dividends and more potential profit for traders.”

Football INDEX is a great hybrid between a financial and football product. It occupies a vacant space between sports betting and financial trading, with individual trading portfolios ranging in size from £10 – £100,000.

Football INDEX has developed an innovative platform, powered by Opta, which allows fans to earn dividends on their football portfolio 365 days a year, with multiple profit opportunities. Users – or ‘football traders’ – are typically smart football fans who find the concept of building a portfolio of footballers more intellectually rewarding than regular betting, or people with a financial background, keen to capitalise on their football knowledge.

Read this next

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

<