Cristiano Ronaldo and Binance announced a multi-year partnership in June 2022. Under the terms of the partnership, Ronaldo will become a global ambassador for Binance and launch a series of NFT collections on the platform.

Ronaldo is one of the most popular athletes in the world, with over 400 million followers on social media. His partnership with Binance is a major coup for the cryptocurrency exchange, which is looking to expand its reach into the mainstream market.

The first NFT collection from Ronaldo and Binance was released in November 2022. The collection featured seven animated statues depicting iconic moments from Ronaldo's career, such as his bicycle kick goal against Juventus in the 2018 Champions League final. The collection sold out in minutes and generated over $2 million in sales.

Ronaldo and Binance have said that they plan to release more NFT collections in the future. They also plan to collaborate on other projects, such as educational initiatives and charitable donations.

The partnership between Ronaldo and Binance is a significant development in the world of NFTs. It shows that NFTs are becoming increasingly mainstream and that they are being embraced by major brands and celebrities. It is also a sign of the growing popularity of cryptocurrency, which is seen by many as the future of finance.

Here are some of the benefits of the partnership for both parties:

For Binance, the partnership with Ronaldo gives it access to his massive fan base and helps to legitimize the cryptocurrency exchange in the eyes of mainstream consumers.

For Ronaldo, the partnership with Binance allows him to enter the world of NFTs and capitalize on his popularity with fans. He can also use the partnership to promote his own brand and charitable causes.

The partnership between Ronaldo and Binance is a win-win for both parties. It is a sign of the growing popularity of NFTs and cryptocurrency, and it is likely to have a significant impact on both industries.

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#BinanceCEO Richard Teng, flanked by sports icons Khabib and Ronaldo at the Abu Dhabi Grand Prix, ignites buzz about potential collaboration. The Formula 1 Grand Prix in Abu Dhabi not only showcased high-speed racing but also brought together unexpected faces. #RichardTeng , the new CEO of #Binance , was spotted alongside mixed martial arts legend Khabib Nurmagomedov and soccer icon Ronaldo.In line with the contemporary sports scene, crypto company logos, including Binance's, were prominently featured on advertising banners. The interaction between Teng and the sports legends immediately fueled speculation on social media about a potential collaboration between the crypto exchange giant and the two athletes.Binance has a history of such partnerships. Under the previous CEO, #Changpeng.Zhao , the exchange joined forces with #Cristiano Ronaldo, resulting in the creation of exclusive NFT collections. These collaborations went beyond the digital realm, offering fans unique experiences like training sessions with the soccer star.Black-and-yellow chessTeng took the helm at Binance less than a week ago, succeeding Zhao, who stepped down as part of a deal with the U.S. Department of Justice. Despite the brief duration, Teng has made significant announcements, emphasizing the commitment to user fund protection and expressing plans to expand partnerships in the Web3 sphere.The question on everyone's mind now is whether the meeting between Binance's new CEO and the sports legends hints at another significant partnership at the intersection of cryptocurrency and sports. Only time will reveal the true nature of this unexpected gathering amid the roar of engines and flashing lights of the Grand Prix.$BTC $ETH $BNB