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Premier League table toppers to enter in field of web3

Leading English soccer club Manchester City has announced an inaugural partnership with cryptocurrency exchange OKX across both its men’s and women’s teams, as well as the club’s emerging esports ventures.

According to the club press release, they will focus on “exclusive experiences for OKX’s global customer base, in addition to an in-stadium presence across the Etihad Stadium and Academy Stadium.”

OKX, which rebranded from OKEx earlier this year, is the second-largest spot exchange in the industry, reportedly having reportedly over 20 million customers and facilitating over $3.3 billion in normalized trading volume over the past 24 hours. This total places it ahead of Coinbase, which is in third at approximately $3.3 billion, but a ways behind Binance’s dominance at the top of the table with over $16.2 billion.

Manchester united team up with blockchain firm Tezos in early February to become its official training kit and technology partner, and it plans to enter the metaverse and non-fungible token (NFT) collectible space.

Man city is also exploring the Metaverse space and plans to map the Etihad stadium- Man city home ground digitally and construct the VR version of it. Let's hope this trend of NFTs and metaverse grows in football clubs and this idea gets huge hit.

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Written By- Shriyansh Jain

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