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Kraken Secures Major Sponsorship Deal with Atlético de Madrid

Kraken, a leading US-based cryptocurrency exchange, has inked a significant sponsorship deal with Atlético de Madrid, one of Spain’s most successful football clubs. The partnership designates Kraken as the club’s Official Crypto and Web3 Partner, as well as its Official Sleeve Partner, starting with the upcoming La Liga season in mid-August.

Bridging Crypto and Sports

This landmark collaboration aims to bridge the gap between the cryptocurrency industry and the sports world. By joining forces, Kraken and Atlético de Madrid hope to unlock exciting opportunities for both Spanish football fans and Kraken users, promoting cryptocurrency adoption and education.

Mayur Gupta, Chief Marketing Officer of Kraken, expressed enthusiasm about the partnership, emphasizing the shared belief in the transformative potential of both crypto and football. He stated, “We are proud to work with such a prestigious football club that equally recognizes that success requires a careful focus on its own processes. We have set almost 13 years to become one of the most trusted crypto platforms and we look forward to working with Atlético de Madrid to educate more people about the true potential and value of crypto.”

Oscar Mayo, Chief Revenue and Operating Officer of Atlético de Madrid, echoed this sentiment, highlighting Kraken as the ideal partner to support the club’s ambitions in innovation and technology. He envisions the partnership enriching the fan experience beyond match days, stating, “We are confident that this partnership will provide our fans with a digital experience which extends in the stadium beyond match days.”

A Strategic Move for Both Parties

This strategic alliance brings together two powerhouses in their respective fields. Kraken, with its established reputation as a trusted crypto platform, gains access to a massive and passionate fanbase. Atlético de Madrid, with its rich history and global reach, can leverage Kraken’s expertise to explore innovative ways to engage with its supporters in the digital realm.

The partnership is expected to create a ripple effect within both industries, potentially sparking further collaborations between crypto companies and sports organizations. As the world of sports increasingly embraces technological advancements, this deal could serve as a blueprint for future partnerships, ushering in a new era of fan engagement and digital experiences.

July 2024, Cryptoniteuae

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Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

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