Turkish Exchange Sponsors Besiktas Basketball Team With 42 BTC ($1.3M)

Sports organizations forming partnerships with crypto companies and creating a connection between the sports world and the cryptocurrency community is becoming a frequent occurrence.

According to a Tuesday press release, ICRYPEX, a cryptocurrency exchange based in Istanbul, Turkey, sealed a sponsorship agreement with Beşiktaş JK Men’s Basketball A-Team with 42 bitcoins (about 1.3 million USD worth of bitcoin).

By paying this amount, ICRYPEX became the name and uniform chest sponsor of Beşiktaş JK Men’s Basketball A-Team, one of Turkey’s largest sports clubs.

Concerning the partnership between the two parties, General Manager of ICRYPEX, Ezgi İçer, stated, “We are happy to break new ground. As ICRYPEX, we have proven our success and commitment to establishing the trends once more. We intend to achieve simultaneous growth around the world with the projects we will implement in 2021.”

With a goal in mind to innovate new developments and make a difference in the crypto community, the exchange claims to have broadened its horizons out of İstanbul to Southeast Asia and North America. According to the exchange, it has made significant impacts on the space with the numerous projects they have developed. 

Revealing the relationship between the recent partnership and the company’s goals, CEO of ICRYPEX, Gökalp İçer, commented about the sponsorship: “We keep establishing the trends in this industry with the steps we take in line with our principles. We try new things that have never been done in this industry within our geography.”

As both parties sealed the agreement, the President of Beşiktaş JK, Ahmet Nur Çebi, commented oh how happy and grateful he was towards ICRYPEX actions.

In a similar development, Coinfomania covered that former Real Madrid striker, David Barral after signing under Spanish football league Segunda B for DUX Internacional de Madrid, became the first player to be bought with bitcoin.  

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