WIKIFX REPORT: MultiBank announces crypto arm, landmark golf partnership

• Broker introduces its Web3-focused epoch with a new sponsorship of pro golfer Danny Willett

• The new branch has been named Willetts Official Partner in all professional golf tournaments and exhibitions

• This is the first foray into blockchain and crypto from MultiBank, paid-up capital of $322M+

The MultiBank Group, a world-leading online financial derivatives broker, has launched MultiBank.io, its blockchain and cryptocurrency arm, Invezz learned from a press release. The highly regulated derivatives broker introduces its Web3-focused epoch with a new sponsorship of Danny Willett, the Masters Golf Tournament winner.

Official Partner in pro golf tournaments and exhibits

The new branch has been named Willett‘s Official Partner in all professional golf tournaments and exhibitions for the 2022 season. The partnership will launch with the Betfred British Masters 2022, to be hosted by Danny Willett at The Belfry from May 5 to May 8, 2022. MultiBank.io logo’s will be featured on the left collar of his playing shirt.

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Willett also plans to drop an NFT series in partnership with MultiBank.io and will be featured on MultiBank.io marketing materials and the official website.

The new branch will begin to provide digital asset services in the middle of the year. It is the first foray into blockchain and crypto from MultiBank Group with a paid-up capital of over $322 million.

MultiBank Group Chairman Naser Taher commented:

Unveiling the new MultiBank.io brand is the first step in a multi-year blockchain and cryptocurrency roadmap for the MultiBank Group. We look forward to revealing more detailed plans in the near future for our community of 320,000 global users. But as we‘ve shown in building MultiBank Group into one of the world’s largest derivatives providers over the last 17 years, our goal is to compete at the forefront of the industry. We are excited to bring a fresh, compelling offering to the digital assets trading market, combining our proven pedigree in financial innovation with the endless possibilities of Web3 technology.

MultiBank.io COO Zak Taher said:

We‘re launching an ambitious suite of blockchain and crypto-enabled financial services this year and we’re partnering with only the best. Danny Willett is world-class and we are enormously proud to be partnering with a sportsman of his caliber. He has winning pedigree with a Masters victory and another seven international s to his name already, and we wish him the greatest success for this season.

Danny Willett said:

I‘ve been looking at getting into the world of cryptocurrency and digital assets for some time now but didn’t have enough knowledge, experience or confidence in that area. That was until I was introduced to the MultiBank Group. I‘m delighted to be working alongside them as I start out in cryptocurrency, and we’re all excited to see the new MultiBank.io platform go live in the coming weeks.