ALGO jumps 21% after Algorand announces partnership with FIFA

As we head up to FIFA World Cup 2022 in Qatar, FIFA, the world’s football governing body, has been working on establishing strong partnerships with major partners in the blockchain world. To that effect, FIFA has inked a technical sponsorship partnership deal with Algorand, a blockchain platform.
According to the deal, Algorand will offer an official blockchain-supported wallet solution where Algorand will be FIFA World Cup Qatar 2022™ Regional supporter in North America and Europe.