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Abstract:Retail FX and CFDs broker eToro has continued to expand its stable of sports sponsorships worldwide, announcing that it had inked a three-year deal to become a major partner of Rugby Australia.
Retail FX and CFDs broker eToro has continued to expand its stable of sports sponsorships worldwide, announcing that it had inked a three-year deal to become a major partner of Rugby Australia.
eToro will be the naming rights partner for all inbound Tests including The Rugby Championship and a major Wallabies partner until the end of 2023. The eToro logo will feature on all official branding as well as back right of shorts on the Wallaby kit.
Robert Francis, Australian Managing Director at eToro said:
Australia is an important market for the eToro Group and so Im delighted we are partnering once again with the Wallabies.
We‘ve seen an influx of Aussie retail investors into financial markets over the past 12 months and it’s crucial that we provide enough education to arm them with the tools they need to build their wealth for the long term. Our vision is to open the global markets to everyone and we see this partnership as an opportunity to reach the fans behind the team and get more people interested in investing.
eToro said it plans to tap into the community behind the team, offering free services and educational content to fans so that more people can educate themselves on how to invest.
eToro claims over 20 million registered users globally. The company has become well known for its focus on social and copy trading, as well as a popular place to trade cryptocurrencies. eToro recently announced plans to go public via a SPAC combination that will value the company at over $10 billion.
Rugby Australia Chief Executive Officer, Andy Marinos, said:
We‘re incredibly excited to extend our relationship with eToro following the hugely successful eToro Tri-Nations in 2020. eToro’s user base continues to grow at a rapid rate and we want to assist that during our partnership over the next three years, and hopefully long into the future.
We are very close to confirming the Test schedule for 2021 and the calendar will not disappoint, so watch this space.
eToro boasts an extensive global sponsorship portfolio including six Premier League clubs and six Bundesliga clubs in Germany as well as top ten tennis player Gael Monfils.
Stay tuned on WikiFX, more news to come!
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