Everton Football Club Signs EToro as Official Online Trading Partner

Published at: Aug. 1, 2019

Everton Football Club of the British Premier League has signed a deal with the crypto-inclusive investment and trading platform eToro. Everton shared news of the partnership in an official announcement on Aug. 1. 

As per the report, eToro will now be Everton’s “Official Online Trading Partner”, which will offer advertising for the platform via its marketing assets and matches at home stadium Goodison Park. Everton’s commercial director Alan McTavish commented that he is “excited to see what can be achieved by bringing blockchain technology into the world of football.”

The eToro Platform 

As stated in the announcement, eToro supports investments in both stocks and commodities as well as crypto assets. Moreover, in addition to partnering with Everton, eToro has reportedly signed with six clubs within the Premier League for the 2019–2020 season.

In April, eToro also launched a cryptocurrency exchange for professional traders called eToroX, which is purportedly fully regulated. The exchange supports trading for Bitcoin (BTC), Ether (ETH), XRP, Dash (DASH), Bitcoin Cash (BCH) and Litecoin (LTC). The new exchange has also launched eight stablecoins backed by eight corresponding national fiat currencies.

Crypto in soccer

As previously reported by Cointelegraph, the Italian soccer club AS Roma partnered with sports and blockchain entertainment firm Chiliz in July. The partnership reportedly allows AS Roma to join a blockchain-based voting platform called Socios, backed by Chiliz, which allows the club to issue a fan token. This token will reportedly allow fans to vote on some club decisions for the football team.

Other large-name soccer teams have partnered with cryptocurrency- and blockchain-related organizations over the past year, including Brazilian premier league soccer club Atletico Mineiro, English Premier League team West Ham United and French soccer club Paris Saint-Germain.

Tags
Blockchain
Trading
Cryptocurrencies
Investments
Sport
Football
Related Posts
Leicester City FC Renews Partnership With Crypto Investment Platform
On Aug. 2, English Premier League football club Leicester City FC announced the renewal of its partnership with multi-asset and cryptocurrency investment platform eToro. EToro’s second season with the Foxes The Foxes’ head of partnerships Harj Hir added: “Our relationship with eToro last season was a really positive one so we’re pleased to renew the partnership and continue our work with such an exciting, innovative industry leader. The global reach of eToro is huge and we hope to further strengthen our relations with them as we embark on our second season together in 2019/20.” Per the press release, “a landmark …
Bitcoin / Aug. 2, 2019
Hedge fund giant Marshall Wace to reportedly dive into crypto
Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment. The hedge fund firm is preparing to launch a dedicated portfolio, targeting investments in the digital asset industry, the Financial Times reported on Tuesday. Citing anonymous people familiar with the matter, the report notes that the new initiative will focus on investing in privatelyowned digital finance companies working in areas like blockchain technology and payments systems for digital currencies and stablecoins. It is believed that Marshall Wace’s new digital finance portfolio will be headed by Amit …
Adoption / July 6, 2021
Options Are the Answer for Dealing with ‘Bearish’ Crypto Market, Trading Platform Says
A new blockchain asset trading platform says it is determined to help investors navigate the “bearish” cryptocurrency market – and says options could enable traders to protect and grow their assets. Options are a form of financial derivative where buyers have a right to buy or sell a financial asset at an agreed-upon price for a set amount of time. However, as part of these contracts, they are not obligated to complete a transaction. According to JEX, the platform which is bringing options trading to the cryptocurrency world, this method helps investors to limit their losses while maximizing their potential …
Blockchain / Nov. 22, 2018
Italian Soccer Club Juventus Follows France’s Paris Saint-Germain to Launch ‘Fan Token’
Major league Italian soccer club Juventus announced Monday, September 24, it will launch its own cryptocurrency “fan token,” two weeks after a similar announcement from Paris Saint-Germain. The product of a partnership with “blockchain-based fan engagement platform” Socios.com, the Italian club aims to release its “Juventus Official Fan Token” as soon as Q1 next year. Like France’s Saint-Germain, which revealed its Fan Token plans with Socios earlier this month, Juventus aims to use the tradeable asset principally for fan voting and polling. The club currently ranks top in Italy and number two worldwide, with a fanbase reportedly topping 60 million. …
Blockchain / Sept. 24, 2018
Crypto noobs: What to tell newcomer friends about digital currency
Interest in crypto has been growing since the 2017 bull market and has increased even further since 2021, which saw the nonfungible token (NFT) boom and Bitcoin (BTC) hitting its highest price so far. So, what can a crypto investor tell family and friends who are interested in cryptocurrency? Here are some common and important questions that one can come across regarding crypto and some appropriate responses with opinions from experts in the industry. What is cryptocurrency? One of the most common questions a crypto investor might get asked is what cryptocurrency is in the first place. Cryptocurrency is a …
Adoption / Sept. 5, 2022