As stated in the recent announcement, the supporters of the London Lions will be allowed to connect more than 100 different cryptocurrency wallets, including MetaMask and Trust Wallet, to transact with the club using SHIB.
BitPay To Enable Sales Of London Lions Basketball Ticket
It is worth noting that BitPay will soon design a platform for customers to buy tickets directly from its platform using Shiba Inu. Aside from Shiba Inu, the London Lions’ fans can also use other BitPay-supported crypto assets to purchase the club’s merchandise and game tickets.
Some BitPay-supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Binance USD (BUSD), XRP (XRP), ApeCoin (APE), Dogecoin (DOGE), etc.
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London Lions Vs BitPay
The London Lion said that its collaboration with BitPay is imperative, given the popularity of baskets in the United Kingdom. The basketball team claims its fan base has surged massively as it recently sold out the CopperBox Arena last month.
As the club’s fan base increases, the London Lions said it wants to prioritize its fans community and will work with BitPay to boost financial literacy around cryptocurrencies and effective money management.
“We believe that sport is a vehicle for social impact, with money management and future-facing financial literacy being some of the most important pillars,” said Jonathan Lutzky, Operating Partner at 777 Partners (the owners of the London Lions).
“Based on this, we’re excited to see this landmark relationship evolve, enabling fans to transact with the club in a new way while increasing awareness around cryptocurrency.”
Commenting on the development, Merric Theobald, Vice President of Marketing at BitPay, said the London Lions had realized the potential of crypto, which can transform the UK sporting industry.
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Theobald highlighted some of the benefits of making payments with crypto, which include fast, secure, and low-cost payments.
“Our goal at BitPay is to make accepting crypto a seamless process and increase adoption as we believe crypto is the future of payments,” Theobald added.
Shiba Inu Gain More Ground mong Platform
In the recent development, it is revealed that a leading digital asset, Hotcoin Global, has added support to Shiba Inu and a few other cryptocurrencies via its partnership with Simplex, a financial service provider.
According to the announcement, Simplex’s partnership will activate Hotcoin’s customers to have a seamless experience in buying and trading digital assets.