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Saturday, September 7, 2024

Adidas Partners With Coinbase Crypto Exchange

The sportswear Adidas maker has also hinted at the creation of its own metaverse in collaboration with the Sandbox project.

Adidas announced on Twitter that it has partnered with Coinbase, the first public cryptocurrency exchange. The company has not yet disclosed the details of the deal. Also in Adidas hinted at the creation of its own metaverse in conjunction with the project The Sandbox.

At the end of October, the Coinbase cryptocurrency exchange application became the most popular in the AppStore marketplace, overtaking TikTok, Instagram and YouTube.

In April 2021, Coinbase became the world’s first public crypto exchange – it was listed on the NASDAQ (no IPO). At the peak, the value of the company’s shares reached $ 429.5 per share, then they began to fall in price. As of November 25, the premarket quotation of the first public crypto exchange is $ 312 per share.

**Coinbase Announced Launch Of NFT Marketplace

Over the month, the price of The Sandbox token has grown by more than 900%. On November 25, the altcoin set an all-time high above $ 8.4.

The Sandbox is an in-game metaverse where you can buy virtual land, create avatars, and create various items. The project is currently under development.

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