Football, cryptocurrency and NFTs
Feb 18, 2022
4 minutes
Keir RADNEDGE
THE INSIDER
Supporters whose eyes wander away from the direct action on the pitch may have been mystified by the electronic advertisements for a sponsor by the name of eToro. Was this a Chinese washing-machine manufacturer? A Korean smartphone? Or maybe a brand-new arrival in the sportswear market?
None of the above. In fact the Israeli company is what used to be known as a stockbroker, a go-between trader in shares. The difference is that they trade in the new world of cryptocurrencies and their derivatives.
A rash of crypto traders have pounced on high-value football clubs in western Europe as a promotional shortcut to the millions of fans who may be enticed
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