@$56557: Manchester City FC Suspends Partnership with DeFi Platform 3Key
Only a week after the English football club, Manchester City inked a deal with crypto startup 3Key, the football giant pulled out as scarcely available information about the decentralized finance (DeFi) raised questions.
The cancellation of the deal came before the activation of their partnerships on any specific products.
“Prompted by the club’s interactions with 3Key Technologies in recent days, Manchester City is now conducting further inquiries regarding 3Key Technologies, and the partnership has been suspended pending satisfactory resolution to all of those inquiries,” a Manchester City spokesperson said in a statement to The Daily Mail.
3Key, which is a DeFi analysis and trading platform, officially announced its deal with Manchester City last week on Monday under which it was about to become a regional partner of the football team.
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