German sports apparel behemoth Adidas has announced a partnership with Coinbase, America's leading cryptocurrency exchange, on Twitter.
The crypto platform replied with the handshake emoji, seemingly confirming the deal.
?
— Coinbase (@coinbase) November 24, 2021
In another tweet, Coinbase welcomed Adidas "to the party."
Alex DovbnyaWill my ape get a Adidas track suit? #nfts #bayc #adidasOriginals https://t.co/3SZ1ZgCEYy
— Mr Trapie (@MrTrapie) November 24, 2021
On Nov. 22, Adidas tweeted about developing “adiVerse,” a play on the term "metaverse," together with The Sandbox, a blockchain-powered gaming platform. The tweet has bolstered the rally of the native SAND token that went ballistic after Facebook changed its name to Meta in late October.
Earlier this month, Nike filed to trademark various digital items in the U.S. In 2019, the company received a patent for “Cryptokicks,” a platform for selling non-fungible tokens that represent tokenized versions of physical shoes.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Arman Shirinyan