Chiba Lotte Marines team is famous in the country, as baseball is one of Japan’s popular sports. The team have won the Japan Series Championship, the top baseball league in the country, 4 times. The most recent victory took place in 2010. Nevertheless, during this season the Chiba Lotte Marines have competed as a team. In the Pacific League, they are coming second last, just in front of the Tohoku Rakuten Golden Eagles.
The statement set that the sponsorship will let GMO Coin to contribute to the baseball team’s development and future. Japan has one of the friendliest areas for cryptocurrencies. The country officially confirmed bitcoin and digital currencies as a “means of payment that is not a legal currency” in 2016. Collaborating with the Marines, GMO Coin is supposed to increase its brand awareness.
Such tentency as sports sponsorships is becoming general for cryptocurrency brokers. This can be explained as sponsorships with sporting teams is a very attractive way to raise brand awareness for the FX, CFDs, binary options, and cryptocurrency industries. In Europe, there has been a determinate growth in cryptocurrency sponsorships. This year earlier, CashBet ran a strategic partnership with Premier League football club Arsenal FC.
The Japanese internet company presented a mobile-based crypto wallet platform on iOS called “GMO Coin Virtual Currency Wallet” on May, 2018. The platform lets the users to store multiple cryptocurrencies along with fiat. GMO Coin is aimed to be the safest virtual currency exchange in the world and will keep on investing in the development of the virtual currency industry.