Online financial derivatives brokers MultiBank Group has unveiled the new brand identity of its blockchain and cryptocurrency arm, MultiBank.io. The world’s most regulated derivatives broker ushers in its Web3 focused era with a new sponsorship of Masters-winning golfer Danny Willett.
MultiBank.io aims to provide a new digital assets service, expecting to launch in mid 2022. This will be the financial brokers first foray into the cryptocurrency and blockchain market as the firm invested into a paid-up capital raise of over $322 million.
MultiBank Group Chairman, Naser Taher, commented on MultiBank’s venture into the crypto space: “Unveiling the new MultiBank.io brand is the first step in a multi-year blockchain and cryptocurrency roadmap for the MultiBank Group,”
“We look forward to revealing more detailed plans in the near future for our community of 320,000 global users. But as we’ve shown in building MultiBank Group into one of the world’s largest derivatives providers over the last 17 years, our goal is to compete at the forefront of the industry.
“We are excited to bring a fresh, compelling offering to the digital assets trading market, combining our proven pedigree in financial innovation with the endless possibilities of Web3 technology.”
To coincide with the crypto platform launch, British golfer Willett will become an official partner of MultiBank.io. Willett donned the MultiBank logo at this year’s Betfred British Masters, where he placed 33rd in the tournament he hosted.
The pro-golfer also intends to release a series of NFTs in partnership with MultiBank.io, featuring on their website and marketing materials.
“I’ve been looking at getting into the world of cryptocurrency and digital assets for some time now but didn’t have enough knowledge, experience or confidence in that area,” stated Willett.
“That was until I was introduced to the MultiBank Group. I’m delighted to be working alongside them as I start out in cryptocurrency, and we’re all excited to see the new MultiBank.io platform go live in the coming weeks.”