Brokereo, a Multi-Asset online brokerage, announced today that it has collaborated with Euroleague Basketball, a leading European professional basketball club competition. According to the partnership, Brokereo is now the official CFD partner of the Euroleague Basketball.
Brokereo is planning to accelerate its expansion in the European region through the latest partnership. Founded in 2020, the brokerage saw consistent growth in the last few months due to the recent surge in the popularity of financial trading products.
On the other hand, Euroleague Basketball has gained significant popularity in the Western European region as the fan interest in Germany and Italy increased by more than 39% in the last two years.
“We are very proud to welcome Brokereo to the Euroleague Basketball family. The Online Trading industry has experienced enormous growth in recent years,” Ms Roser Queralto, Euroleague Basketball Chief Business Officer, said. “Brokereo is a dynamic company that has taken a fresh approach to online trading, aiming to provide a new experience to its customers just like Euroleague Basketball has been evolving over the years to provide the best possible experience to all its fans.”
In the recent announcement, Brokereo mentioned that the company has a special focus on serving Western European countries.
Sponsorships
In the last 8 months, leading global financial firms announced several partnerships with prominent sports clubs and teams to enhance global brand awareness. Earlier this month, ThinkMarkets, an FX and CFDs broker, signed a sponsorship deal with Liverpool FC, one of the top football clubs in the UK.
“Our platform is all about putting your skills into action and enjoying the experience as a whole, which is very much in line with the EuroLeague's approach. We also share the vision of building a top-tier brand and product that sets a benchmark for others to follow,” Denys Denisov, Executive Director at Brokereo, commented on the partnership with Euroleague Basketball.
eToro, a leading social investment network, recently expanded its partnership with AS Monaco and became the main partner of the club.