Golf News

LIV Golf team announces crypto exchange OKX as first global sponsor

LIV Golf team announces crypto exchange OKX as first global sponsor

As uncertainty swirls around the future of LIV Golf amid the news of a partnership between the PGA Tour, DP World Tour and Saudi Arabia’s Public Investment Fund to create a new global golf entity, one team is moving ahead like its business as usual.

On Wednesday morning Majesticks GC named OKX, a crypto exchange company, as its first global sponsor. The Majesticks are three-way captained by Ian Poulter, Lee Westwood and Henrik Stenson, with Sam Horsfield and Laurie Canter (a temporary injury replacement for Horsfield) filling out the roster. The OKX logo will feature on team uniforms.

“Having been an OKX Ambassador, I know that the company brings passion, technological expertise and creative thinking to everything it does,” said Poulter. “We both have ambitions not only to win but to challenge the status quo.”

The sponsorship is OKX’s latest venture in the sports world after previous partnerships with the McLaren Formula 1 Team, as well as English Premier League giants Manchester City. OKX is not available in the United States due to regulatory and compliance reasons and the press release came with a lengthy disclaimer warning about the high degree of risk that comes with trading digital assets.

With a global sponsor and team principal already in place, the Majesticks are furthest along with regard to team development compared to the other 11 squads in the league. LIV Golf will return to action next week, June 30-July 2, at Real Club Valderrama in Spain.

..

Click Here to Read the Full Original Article at Golfweek…