Dogecoin has become the new sponsor of Watford Football Club, an English Premier League team.
As more and more major cryptocurrencies start sponsoring sports teams, Dogecoin announced last week that it has also signed a deal with a top team.
The emblematic Shiba Inu dog will now appear on the shirt sleeves of the Watford Football Club, a team in the UK.
Related | Cryptocurrency Owners More Than Doubled To Over 200M In 6 Months
The sponsorship deal, reportedly worth around $967,00 USD (£700,000) according to The Athletic, replaces the team’s previous partnership with Bitcoin.
It is part of a collaboration with crypto casino and sports betting platform Stake.com. The latter had announced, in July, that it had secured a multi-year partnership with the team.
In conjunction with the occasion, Stake.com will launch several crypto-themed initiatives, such as a 10 million Dogecoin giveaway. The company has also been associating with the UFC as its first-ever betting partner in Latin America and Asia.
“We could not be more thrilled to partner with a club that has such immense history yet still a true innovative spirit,” said Stake.co.uk CEO Mladen Vuckovic on the new partnership with Watford F.C. “We’re committed to becoming a key part of the Watford family and have a number of exciting initiatives planned for fans over the coming months!”
Recently, AC Milan Football Club also announced a partnership with BitMEX, which also makes the crypto trading platform AC Milan’s official cryptocurrency trading partner.
You might also like
More from Tech
Check Out The 21 New Emojis Coming With iOS 16.4
With iOS 16.4 beta version, iPhone, iPad, and Mac users can discover the 21 new Emojis, including the long-awaited pink …
Apple Could Soon Allow Third-Party App Stores On The iPhone
Upcoming EU rules could mean Apple will have to allow third-party app stores on the iPhone starting in 2024.The news …
Apple Enhances Security with End-to-End Encryption for iCloud Backups
Apple is expanding its iCloud security features and introducing support for security keys for two-factor authentication.TL;DR; – Apple has announced …
Google Japan Unveils An Insane 5-Foot Long Keyboard
The “Key Bou” is an insane 5-foot straight bar keyboard designed by Google to promote its virtual GBoard, available on …
Govee Rolls Out A New 16-foot Premium Smart LED Strip
Govee’s new multicolor smart LED strip is 16 feet long (5 meters) and has a built-in mic for syncing to …
Kim Kardashian And Beats Introduce Special Edition Fit Pro Earbuds
Kim Kardashian's special edition Beats Fit Pro are now available at Apple stores.The earbuds come in three neutral colors, Moon, …
Lyft Wants To Cash In On In-Car Digital Ads
Lyft announced the launch of Lyft Media, a new digital advertising business unit with the potential to add billions to …
Amazon Alexa Mimics The Voices Of Your Dead Relatives
Amazon is testing an experimental Alexa feature that allows it to mimic the voices of your dead relatives. Read that …
Adobe Announces Express Content Scheduler
Adobe has announced Adobe Express Content Scheduler, a new tool to help social media managers make, plan, preview, and publish …