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Swyftx Sponsors Super Rugby Pacific Competition

by Alex Carter - Sports Editor

Swyftx Expands Sports⁣ Investments ‍with ⁤Super Rugby Title Sponsorship

Auckland, New Zealand – cryptocurrency exchange Swyftx⁤ has secured the naming rights to⁣ Super Rugby Pacific, marking a significant escalation of its sports ​sponsorship portfolio⁢ across Australia​ and New Zealand. The deal,announced today,underscores a growing trend of digital asset firms investing in⁣ mainstream sports to drive brand awareness and adoption.

Swyftx intends to invest “millions of dollars” in sponsorships within​ new Zealand, with plans for‌ that ⁣figure to increase alongside growing local ⁤cryptocurrency adoption. Currently, cryptocurrency usage in⁢ New Zealand ranges between ⁢9% and 14%, lagging behind ​Australia’s 20% to 25% rate – a ​gap Swyftx aims to narrow through strategic‌ partnerships. This​ latest sponsorship builds on existing investments in⁣ Australian sports, signaling a broader regional strategy.

“Until now, crypto sponsorships have largely been confined ‌to overseas markets, and we ⁣are changing that by​ bringing the same‍ level ⁢of⁢ international energy and innovation to local codes,” said Paul Quickenden,​ Swyftx country manager for New zealand. He emphasized the potential for New Zealand sport to benefit‍ from ⁢the influx of global digital⁣ asset investment, ⁣citing opportunities to ⁣”unlock new revenue streams, strengthen fan engagement, and​ ensure our professional and grassroots programmes are competing on a level playing ‍field with the rest of the world.”

Swyftx Chief Executive John Titman‌ views sports sponsorship as “one of the most‌ effective ways” to ​accelerate⁢ cryptocurrency adoption in New Zealand, mirroring successful‌ campaigns⁤ in ⁣Australia. The Super Rugby Pacific ⁣partnership represents a ​major ‌step in ‍this direction, ‌bringing the Swyftx brand to a broad audience and further legitimizing cryptocurrency within ‌the mainstream.

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