KuCoin partners with Dubai Sports Council for the Open Padel Cup, combining sports, blockchain, and community to boost Dubai’s innovation.
KuCoin, a global cryptocurrency exchange, has partnered with the Dubai Sports Council to sponsor the Open Padel Cup for Government Institutions. The event will be held from December 13 to 15, 2024, inviting government institutions across the UAE to compete. This is a big step in the development of padel in Dubai where this sport that is beneficial to health and improves on the sporting culture in the city is welcomed.
Padel is a sport that is constantly on the rise within the area. Due to its social and dynamic characteristics, this training is preferred by individuals who exercise. The sport has received a boost by the Dubai Sports Council, which has been aggressively marketing the game in Dubai. The Open Padel Cup is expected to create awareness and encourage more people to take up the sport. The event will be held at JUST PADEL centres with some of the best courts and sports facilities.
Thanks to KuCoin and the Dubai Sports Council, it is possible to connect sports and blockchain. Having Dubai and the UAE as the title sponsor, KuCoin underlines its attention to the mentioned country and region. The exchange considers Dubai to be a home for both crypto and innovation. Specifically, KuCoin has been in Dubai for several years, establishing the necessary partnerships. In addition, it participates in local activities that demonstrate its business and social orientations.
KuCoin Continues Dubai Expansion with Padel Cup and Sustainability Initiatives
This differs from most other crypto exchanges where KuCoin operates in a sponsorship capacity. The company supports the idea of the innovative application of blockchain technology. A KuCoin representative, Harry Chan, pointed out similarities between padel and blockchain. They both need to be strategic thinkers and involve team and collaboration. KuCoin wants to showcase how blockchain can bring people together and create new opportunities, like sports, due to its sponsorship of the Open Padel Cup.
This comes after several successful activities that KuCoin has embarked on in Dubai. Others are the COP28 Global Climate Change Summit sponsorship and the “KuCoin Green Future Charity Gala Dinner” hosted by the company. These events focused on sustainability issue and charity organizations. KuCoin’s persistence in Dubai is to show that it is here to stay and develop the region together with its citizens in the cryptocurrency and other sectors.
The Open Padel Cup for Government Institutions is not only a sports competition. They symbolise sports, technology and the community aspects. With support from the Dubai Sports Council and KuCoin, the event will further position Dubai as a global center for both sports and technology.
