Adidas Oroginal has announced a partnership with Coinbase via Twitter as it teases plans to launch a metaverse.
The Nasdaq-listed crypto exchange Coinbase tweeted back with a handshake emoji.
Adidas recently announced that it would launch an 'Adi-verse' in partnership with The Sandbox, a toolbox that lets users develop blockchain-based virtual worlds.
An Adidas spokesperson said the partnership with Coinbase would focus on its push for Metaverse, which it describes as currently one of the most exciting developments in digital and an interesting platform for them.
While it is unknown what to expect from the partnership, Adidas products could come with an NFT receipt, which provides the buyer's metaverse avatar with the same products clothes in a virtual form.
Coinbase, which has not explained what the partnership would offer, will soon launch its own NFT marketplace.


Gold Prices Hold Near $4,500 as Fed Rate Hike Bets Ease
RBNZ Raises Interest Rate to 2.75%, Kiwi Dollar Slides
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks
Asian Currencies Rise as Yen Surges on BOJ Rate Hike Bets
Qantas Near-Miss Raises Sydney Air Traffic Controller Fatigue Concerns
US to Review Iran World Cup Travel Restrictions Ahead of Egypt Clash
Asian Currencies Rise as Yen Surges on Fed Rate Outlook
US Strikes Iran IRGC Targets as Conflict Escalates
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate
Trump Draws Cheers at Ryder Cup as U.S. Trails Europe After Opening Day
Fast Retailing Shares Drop as Uniqlo Japan August Sales Fall
Honda Targets $9.4 Billion in Cost Cuts as China EV Competition Intensifies
FBI Faces Historic Security Challenge Ahead of 2026 FIFA World Cup
France Targets Shein, Temu With Fast-Fashion Fees
Trump’s U.S. Open Visit Delays Final, Fans Face Long Security Lines 



