UK forex trading platform TigerWit has partnered with Premiership club Liverpool FC to launch a new blockchain-based trading app that provides users with access to key global markets and trade FX, indices, commodities and metals.

TigerWit CEO, Tim Hughes, claims his firm has developed a blockchain-powered settlement system that brings trust by delivering greater security and process efficiency. “Trading should be, and can be, more transparent and fair for all traders, regardless of experience or the size of their account,” he says.

Football goes crypto crazy

The terms of the agreement mean TigerWit is now the official foreign exchange trading partner of Liverpool FC.

It closely follows online investment platform eToro signing deals with seven Premier League clubs that were paid in Bitcoin French football giant PSG also has plans to launch its cryptocurrency aimed at offering incentives to its supporters over the blockchain. Newcastle United and Cardiff City, meanwhile, are in talks with SportyCo, a decentralised sports investment and funding platform, to launch an Initial Coin Offering (ICO) round.

“We are very happy to add TigerWit as our newest club partner and our official Online Foreign Exchange Trading Partner,” says Billy Hogan, Managing Director and Chief Commercial Officer at Liverpool FC.

“Our worldwide following will generate global exposure for TigerWit, while their core markets of the UK, Europe and Asia each have tremendous numbers of Liverpool FC supporters. Through this new partnership, we look forward to marketing activations, which help offer our fans activities and experiences to bring them even closer to the club.”