Last updated March 23, 2022
Among the sponsor companies, CryptoCom became the exclusive sponsor of the FIFA World Cup this year.
CryptoCom is a popular crypto wallet and exchange. This exchange is known to promote its services in the high-level gaming tournaments and also in many non-crypto sectors to attract the non-crypto sector to the crypto industry. At the moment, this exchange ranks 9th in the crypto industry, just behind Bitfinex, in terms of the highest trading volume of all crypto exchanges, according to the data available on Coinmarketcap.
FIFA has officially announced that CryptoCom will sponsor the FIFA World Cup 2022, which will be held in Qatar from November to December this year.
Other sponsor companies of this World Cup include Budweiser, fast food network company McDonald, technology company Hisense and mobile producer company Vivo.
CryptoCom will attract more than 3 billion people
By spending these sponsorship funds, which have not been disclosed, CryptoCom will aim to get to grips with more than 3 billion people worldwide.
According to reports, the 2018 FIFA World Cup was watched by 3.5 billion people. So here CryptoCom will definitely expect more to win users over for its services.
At present, exchanges have about 10 million users around the world and also exchange has a better reputation in this industry because of its highly secured and useful services such as crypto Visa cards.
CryptoCom’s US Expansion Plan
On March 15, CryptoCom published its blog and confirmed that the exchange is working to expand its services to the US crypto industry.
However, the announcement confirmed that it will initially focus on providing crypto investment and trading services to the institutional investment and later plan the same for retail users.
“Crypto.com Exchange will support US institutional investors during this initial launch phase. We look forward to rolling it out to everyone as soon as possible.”
Previously, CryptoCom has updated its policies for its crypto lending and lending services for mainly Germany, Switzerland and the UK. And ordered to repay all loans to their respective account.
Also Read:Goldman Sachs Became the First Largest US Bank to Conduct OTC Crypto Transactions