Blockchain Press Releases
Playtomic and Monitor Deloitte report: the padel industry will grow to reach 6 billion euros in 2026
Playtomic and Monitor Deloitte publish a report highlighting the booming markets of the padel industry and highlighting how social relations are driving the growth of the sport
MADRID, June 27, 2023 /PRNewswire/ — Playtomic, the leading platform for booking padel courts, and Monitor Deloitte, the strategic consulting division of the professional services firm, have published the ‘Global Padel Report 2023‘. This comprehensive report analyses the solid growth and promising future of padel as a steadily expanding global sport. Using significant data, it meticulously analyses the growth and behaviour of players in the global padel environment, highlighting how padel has transformed into a global, social and inclusive sport.
Padel, a sport that has gained enormous popularity in recent years, is not limited to the post-COVID-19 boom. Padel is increasingly becoming a global sport, although the level of development and practice of the sport varies between different nations, signalling potential growth in different markets. In the coming years, significant momentum is expected in regions where padel is still in its early stages, such as the UK, Germany, France, the US, the Middle East and Asia. This highlights the worldwide development potential of the sport. The data suggest an optimistic projection that by 2026 there will be around 85,000 padel courts worldwide, more than double the current figure of almost 40,000.
In addition to the increase in courts, the report highlights the growth of the padel sector, valued at approximately 2,000 million euros. The evolution of padel courts increased by 28% (8,200) in 2022, while the number of clubs increased by 24% (1,914) over the same period. Spain continues to be the country with the largest number of courts built (15,300), followed by Italy (6,470) and Sweden (4,200). In 2022, 6,600 padel courts were built in Europe.
Padel is not limited to mere competition, but is also characterised by its ability to foster social interaction and be an exercise for players of all ages. The padel community is characterised by a tendency for players to play the sport in different locations, which helps to form a dynamic and interconnected community, key factors for players. Many players appreciate the opportunity to play with many different players and this contributes to increased socialisation in a natural way.
Pablo Carro, Co-Founder & CCO of Playtomic, said “This new edition of the Global Padel Report not only reveals which countries will soon be the epicentre of padel. By studying the data, we have made a huge effort to understand the factors that are helping the sport to become a global phenomenon. Thanks to this report, we realised that the interconnected community created through padel facilitates social relationships and makes it an authentic lifestyle that goes beyond fun or pure sport.“
In the opinion of Elena Martín, senior manager of Monitor Deloitte, “this report, which has become a benchmark for the sector, once again highlights the sustained growth of the sport among fans and the interest of investors to contribute to its development, especially with regard to court construction and club creation. These figures allow us to make an optimistic projection for the short and medium term in both the already developed and emerging markets.”
About Playtomic:
Playtomic is a leading racket sports app that allows players to easily find and book courts around the world. With an extensive network of associated clubs and a global community of players, Playtomic has become a reference point for padel lovers.
About Deloitte:
Deloitte has consolidated its position as a reference consultant for the transformation of large national and multinational companies based on a multidisciplinary approach based on excellence, technological innovation and constant growth of the talent of its highly professional staff. This has allowed the firm to remain a leader in professional services in Spain and worldwide.
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View original content:https://www.prnewswire.co.uk/news-releases/playtomic-and-monitor-deloitte-report-the-padel-industry-will-grow-to-reach-6-billion-euros-in-2026-301861180.html
Blockchain Press Releases
From DeFi to Tokenization: Bybit’s Shunyet Jan Explores the Future of Crypto Trading at iFX EXPO
DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was presented by Shunyet Jan, Head of Derivatives Business and Institutional Sales, at the iFX EXPO.
Shunyet joined an expert panel titled “Crypto Trading: Finding the Evergreen” to discuss the evolving dynamics of the cryptocurrency market. The session, moderated by Karnika E. Yashwant, Founder and Chairman of KEY Difference, featured Wael Makarem, Financial Markets Strategists Lead at Exness, alongside Shunyet. Together, the panelists explored the concept of “evergreen” strategies in crypto trading, examining how to identify and implement approaches that stand the test of time.
Reflecting on the discussion, Shunyet Jan said, “The iFX EXPO brought together some of the sharpest minds in trading and crypto to tackle the hard questions that define success in a volatile market. Sitting alongside Wael Makarem and Mr. Key on the panel, we delved into the forces shaping crypto’s future – from the integration of AI to the shifting role of institutional players and evolving regulations. Conversations like these are crucial for advancing the industry and helping participants find the ‘evergreen’ in an ever-changing landscape.“
Key discussion points included navigating market volatility, leveraging AI and machine learning for sustainable strategies, the role of institutional players and evolving regulations, and the importance of psychological resilience in long-term trading success. They also analyzed emerging market trends, such as DeFi and tokenization, and shared practical tips for avoiding common pitfalls and building diversified portfolios that thrive in a volatile environment.
Shunyet Jan also led a Gold and Forex workshop at Bybit’s Dubai HQ, generating strong interest in the platform. Bybit’s new MetaTrader-5 license provides professional traders with access to gold, forex, and cryptocurrencies, offering advanced tools, up to 500x leverage, competitive fees, and an intuitive interface for a seamless trading experience.
The iFX EXPO, the online trading industry’s biggest event series, bridges the world’s top brands with like-minded professionals, traders, and more. It has grown into a global standard, providing every individual a hub to network, exchange ideas, and grow their business. The iFX EXPO remains a vital platform for fostering dialogue and collaboration among industry leaders, and Shunyet’s contributions underscore Bybit’s commitment to advancing the cryptocurrency space.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/from-defi-to-tokenization-bybits-shunyet-jan-explores-the-future-of-crypto-trading-at-ifx-expo-302355234.html
VICTORIA, Seychelles, Jan. 20, 2025 /PRNewswire/ — KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance.
BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable platform for millions of users worldwide.
Throughout his tenure, BC has advanced global regulatory engagement while skillfully navigating industry challenges. Under his leadership, KuCoin remains dedicated to prioritizing user-centricity, robust security, and technological innovation.
“Our priority is to build a reliable platform for our users,” BC stated. “As CEO, I am focused on enhancing our global presence and fostering collaboration with regulators to create a secure, inclusive financial ecosystem. Together with our partners and users, we will shape the future of finance.”
Focus on Compliance and Reliability
A Singaporean with a Juris Doctor degree from Singapore Management University and a master’s degree from George Washington University, Wong brings a global perspective to KuCoin. In his previous role as Chief Legal Officer, he spearheaded efforts to secure regulatory licenses and strengthen relationships with regulators, reinforcing KuCoin’s commitment to compliance.
Wong has been instrumental in collaborating with regulators across the EU, Asia, the Middle East, and Africa, reinforcing KuCoin’s reputation as a compliant and secure platform. His strategic efforts have reinforced KuCoin’s commitment to providing a safe and reliable trading environment on a global scale.
Empowering Users Globally
KuCoin is dedicated to democratizing access to cryptocurrency through secure and innovative solutions. By expanding its presence in key markets, the company continues to provide seamless, user-friendly experiences for investors worldwide.
Under BC’s leadership, KuCoin has also prioritized Corporate Social Responsibility (CSR), partnering with organizations such as the Global CSR Foundation and the American Medical Women’s Association. Notable initiatives include participation in the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, benefiting over 50,000 women and children globally.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-appoints-bc-wong-as-ceo-to-lead-compliance-and-global-expansion-302355187.html
Blockchain Press Releases
The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens
MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:
On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.
Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.
If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:
Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423
[email protected]
[email protected]
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