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Crypto Giant Binance’s Failed Sponsorship Deal with Hertha BSC and Ronaldo: The Mysterious Story

The crypto company Binance has made a deal with superstar Ronaldo and advertises with him. Binance also wanted to make it big in Germany. Hertha BSC was supposed to play a role in this. Binance

Hertha BSC and the search for sponsors for the chest. So far there has not been a sponsor advertising with his company logo on the blue and white jersey at Fortuna Düsseldorf on Saturday (8.30 p.m.). First, a shoe manufacturer wanted to get involved, but gave too little money. Now it came out who else is said to have knocked at Hertha BSC in the past. A really crazy story in which superstar Ronaldo, yes the CR7, played a role. It’s about the mysterious crypto money.

The business portal Finance FWD reports that the digital, controversial and world’s largest crypto exchange (it’s about virtual, alternative money flows) with the name Binance wanted to increase its level of awareness. The Chinese-Canadian company took the first giant step when it decided to cooperate with billionaire Cristiano Ronaldo in November 2022. A real coup for a digital startup company in the industry.

The company also reportedly wanted to get into sports sponsorship in Germany. The classic in such a marketing campaign is jersey advertising for the most popular sport, football. Finance FWD now writes: “The team had talks with the sports marketer Sportfive in order to become the shirt sponsor of the Bundesliga club Hertha BSC Berlin in a deal worth millions, according to several people familiar with the matter.” When the talks should have taken place, does not write Finance FWD.

Bank authorities did not give Binance a license to advertise

The deal is said to have collapsed because the company did not receive a license from the banking supervisory authority Bafin to conduct customer acquisition in Germany. Binance informed the Internet portal when asked: “In accordance with its regulatory obligations, Binance does not market to German users and does not operate any sponsorship in Germany.”

And who will now be Hertha’s shirt sponsor? Poker with the Internet trainer training program Trainr continues to run at full speed.

Read more about Hertha BSC here >>

2023-07-27 16:26:54
#Ronaldos #crypto #money #partner #wanted #Hertha #shirt #sponsor #deal #fell

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