Bitget has rapidly emerged as a prominent player in the cryptocurrency exchange arena. Central to its ecosystem is the Bitget Token (BGB), a utility token designed to offer users a range of benefits, including discounted trading fees, access to exclusive events, and participation in token sales .
In the first quarter of 2025, Bitget reported a staggering $2.08 trillion in total trading volume, marking a 159% increase in spot trading compared to the previous quarter . This growth underscores the platform’s expanding influence and the pivotal role of BGB in its ecosystem.
The Rise of Sports Sponsorships in the Crypto Space
The intersection of sports and cryptocurrency has become increasingly prominent. In the year leading up to May 2025, crypto brands increased their spending on sports sponsorships by 20%, with football and Formula 1 accounting for 71% of all deals . This trend highlights the strategic importance of sports partnerships in reaching broader audiences and enhancing brand visibility.
Sports: The New Frontier for Web3 Branding
Sports offer a unique platform for Web3 brands to engage with diverse and passionate audiences. By aligning with popular sports entities, crypto companies can foster trust and familiarity among potential users. This approach not only boosts brand recognition but also facilitates the mainstream adoption of blockchain technologies.
Bitget and BGB: Setting the Stage for Brand Expansion
Bitget: A Global Crypto Exchange Powerhouse
Since its inception in 2018, Bitget has positioned itself as a user-centric exchange, offering innovative trading solutions and a secure platform. With a daily trading volume exceeding $20 billion and a diverse range of products, Bitget has become a go-to platform for both novice and experienced traders .
BGB Token: The Heartbeat of Bitget’s Ecosystem
The BGB token is more than just a digital asset; it’s the linchpin of Bitget’s ecosystem. Holders of BGB enjoy a suite of benefits, including:
- Discounted Trading Fees: Users can reduce their trading costs by paying fees with BGB.
- Exclusive Access: Participation in events like Launchpad, Launchpool, and other promotional activities.
- Staking and Rewards: Opportunities to stake BGB for additional earnings and benefits.
Navigating a Saturated Market
The cryptocurrency exchange market is highly competitive, with numerous platforms vying for user attention. To differentiate itself, Bitget recognized the need for a unique value proposition. By leveraging the BGB token’s utility and integrating it into various aspects of the user experience, Bitget has created a cohesive and engaging ecosystem.
Aligning Token Utility with Community Engagement
Bitget’s strategy revolves around creating a symbiotic relationship between the platform and its users. By offering tangible benefits through the BGB token, users are encouraged to remain active and engaged. This approach not only enhances user retention but also drives organic growth as satisfied users become brand advocates.
The Strategic Appeal of Sports Sponsorships in Crypto Marketing
If there’s one thing that consistently draws massive crowds and unwavering loyalty, it’s sports. From football stadiums packed with roaring fans to esports arenas buzzing with digital energy, the global reach of sports is unmatched. For a brand like Bitget aiming to boost recognition and drive engagement for its BGB token, stepping into the sports arena was a smart move and one that speaks to both heart and strategy.
Sports evoke strong emotional ties. Fans don’t just watch games; they live them. Tapping into this emotional bandwidth gives brands an edge an opportunity to connect, not just advertise. And that’s where crypto comes in. The audiences watching Champions League finals or following esports tournaments are young, tech-savvy, and financially curious exactly the demographic crypto firms want to reach.
Industry numbers back this trend. In 2024 alone, crypto companies were involved in 89 sports sponsorships. That’s not a coincidence it’s a comeback. After a cooling period during the market’s correction, crypto firms are back in the sponsorship game, more selective and strategic than before. Football, unsurprisingly, led the pack, pulling in 43% of all crypto-related sponsorship spend. The beautiful game continues to be a goldmine for global visibility and Bitget is right in the middle of it.
Bitget’s Sports Sponsorship Timeline: Key Milestones
Bitget didn’t just dive into sports sponsorships—they mapped it out like a playbook. Each partnership has been carefully crafted to hit specific markets, audiences, and emotional touchpoints. Here’s how their timeline unfolds:
Lionel Messi Partnership (October 2022)
In a headline-grabbing move, Bitget partnered with football legend Lionel Messi. This wasn’t just a celebrity endorsement; it was a message. Messi’s global appeal and personal brand of excellence aligned perfectly with Bitget’s ambitions. The goal? Drive visibility in Latin America, a region ripe with crypto interest but historically underserved by major exchanges.
Messi brought more than fame to the table—he brought trust. And in crypto, that’s priceless. Bitget leveraged this partnership through campaigns tied to the FIFA World Cup 2022, merging Messi’s football journey with the story of BGB’s growth.
La Liga Sponsorship (September 2024)
Next up: Spain. Bitget signed a multi-million dollar, two-year sponsorship with La Liga, one of the most-watched football leagues in the world. The move wasn’t just about brand placement on TV screens—it was about cultural embedding.
La Liga has fans across Europe, Asia, and the Americas, giving Bitget a panoramic stage to showcase its offerings. This deal allowed the exchange to localize its campaigns and roll out educational initiatives for new users in partnership with club communities.
Other Notable Partnerships
Bitget didn’t stop there. They sponsored Juventus Women’s Team, promoting diversity and visibility in the growing space of women’s football. They inked a deal with Galatasaray, one of Turkey’s most celebrated football clubs, reinforcing their presence in the Eurasian crypto market.
And on the digital frontier, Bitget embraced esports with sponsorship of the PGL CS:GO Major Championship 2022. This tapped into a Gen-Z audience that’s not just digital-native—but also highly engaged in token-based economies and NFT ecosystems.
Each of these milestones wasn’t just a media buy—it was a branding masterstroke. Bitget positioned itself not just as a trading platform, but as a cultural partner in the worlds that matter to crypto’s next wave of users.
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Objectives Behind Bitget’s Sponsorship Initiatives
Bitget’s sports sponsorships went beyond logo placements they were strategic moves to build strong connections and boost the BGB token’s global presence. A primary goal was enhancing brand visibility and credibility. Partnering with top sports teams and athletes instantly raised Bitget’s profile, adding trust in a crowded crypto market.
Expanding the user base in regions passionate about sports, such as Latin America, Europe, and Asia, was another key focus. These markets offer rich opportunities to grow adoption through natural fan engagement.
Bitget also positioned the BGB token as a lifestyle brand, aiming for it to resonate beyond finance and become part of fans’ identities. This turns casual followers into loyal community members.
Lastly, Bitget created exclusive experiences and promotions to engage sports fans like meet-and-greets and token rewards linked to games making the fan journey memorable and interactive.
Activation Strategies: Beyond Traditional Sponsorships
Bitget’s sponsorships went far beyond logo visibility, focusing on active engagement.
Co-branded merchandise and NFTs offered fans limited-edition collectibles merging team branding with BGB themes. These sparked excitement and fostered loyalty.
Fan campaigns and contests, including trivia and prediction games, kept the community engaged and introduced BGB in fun ways.
Exclusive content and behind-the-scenes access—such as virtual locker tours and player interviews—offered unique perks to BGB holders.
Finally, integrating BGB tokens into fan experiences and rewards turned passive followers into active community members by incentivizing attendance, sharing, and platform use.
Measuring Impact: Visibility, Adoption, and Engagement
Tracking results shows Bitget’s sponsorships drove real growth. In 2024, Bitget’s user base jumped from 20 million to 100 million, a fivefold increase in one year. This surge reflects how sponsorships helped boost the platform’s reach.
The BGB token also saw spikes in trading volume and market cap during major partnerships. Each sports deal coincided with increased investor interest and trading activity.
Social media buzz amplified Bitget’s presence, with engagement rising sharply around sponsored teams and events. Fans enjoyed interactive campaigns, giveaways, and exclusive content linking sports and crypto.
For example, the Lionel Messi partnership increased users in Latin America by 30%, while involvement in the PGL CS:GO Major expanded BGB’s reach in gaming communities. These campaigns created genuine engagement and strengthened BGB’s position in the market.
Comparative Analysis: Bitget vs. Other Crypto Exchanges
Bitget isn’t alone in using sports sponsorships. Crypto.com invests heavily, sponsoring the UEFA Champions League and FIFA World Cup, with annual sports marketing spend around $213 million—nearly three times Coinbase’s.
OKX partners with Manchester City and McLaren Racing, leveraging top global teams to boost brand credibility.
Bitget stands out by focusing on emerging markets and community engagement. Instead of just logo placements, Bitget builds local connections and educates users. This tailored, grassroots approach helps create loyal users rather than just short-term visibility.
This strategy balances global ambitions with meaningful local ties, making Bitget’s sponsorship investments both strategic and sustainable.