UAE Based Sustain Exchange tokenizes Cricket Coin
SUSTAIN.EXCHANGE, the first Islamic compliant crypto ecosystem in the world is set to continue its sports tokenization by signing a global partnership with Gestion & Trust Capital and launchING the world’s first Cricket Coin. SUSTAIN.EXCHANGE and Gestion & Trust Capital have issued 500 million coins at the value of 7$ each, facilitating the access of cricket fans to become ambassadors of their preferred players.
Backed by fixed valuable assets the issuance of the 3.5 billion dollar coins value is a testimony to the massive growth of crypto adoption into the sports world in 2020. “Cricket is loved by millions of fans across the world and we are thrilled to launch this partnership and be at the service of the cricket fans. Issuing 500 million coins will give the fans the opportunity to invest and become ambassadors of the sport, giving them the opportunity to transform their passion into an investing opportunity. Our focus is to provide our investors a safe, ethical, and seamless technological experience, by leveraging our blockchain technology and our network of international partners” says HE DR Fahed Merhbi CEO of SUSTAIN.EXCHANGE.
This announcement comes after SUSTAIN Exchange recently launched their football token.