MORE MONEY: Arsenal become first club in world to have official cryptocurrency partner

The club has reached an agreement with the gaming company CashBet, which is planning to launch its own currency CashBet Coin.
David Ospina, Jack Wilshere and Nacho Monreal helped reveal the deal.

The online currency has been made for gaming and they will have advertising in the Emirates stadium during Arsenal home games. The deal shows the Gunners are attempting to be at the forefront of cryptocurrency deals.

Vinai Venkatesham, Arsenal’s Chief Commercial Officer, said: “We are pleased to welcome Cashbet Coin as our partner".“We are looking forward to working with CashBet Coin as they launch their new cryptocurrency.”

Dr. Mike Reaves, CEO and Founder of CashBet, said: “With our ICO for CashBet Coin, we are actively targeting a global, multi-billion dollar marketplace of iGaming content providers, operators and players.

“We are delighted to do so in partnership with one of world football’s true giants in Arsenal, enabling us to build our brand and engage this audience in a meaningful way.