Axi, an online Forex and CFD broker, has confirmed that John Stones, Manchester City and England defender, will continue as its Global Brand Ambassador. Stones has represented the broker since the start of the 2023/24 season. He will continue to feature in Axi’s global marketing activities.

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The announcement follows Axi’s launch of fiat-settled crypto perpetual contracts. The contracts allow traders to access crypto derivatives without converting funds into stablecoins.

Axi Expands Partnerships Across Football Clubs

In addition to Stones, Axi maintains partnerships with several football clubs. The broker is the Official Online Trading Partner of Manchester City, Manchester City Women, Brazilian club Esporte Clube Bahia, and LaLiga side Girona FC, where it serves as the Official LATAM Online Trading Partner. These agreements form part of Axi’s wider sports sponsorship strategy.

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Fiat Settlement Reduces Risk, Boosts Transparency

According to the company, settling in fiat reduces counterparty risk and provides clearer tracking of balances and performance. The launch comes as regulators increase scrutiny of transparency and investor protection in crypto markets. Stuart Cooke, Head of New Business at Axi, said the product aims to address concerns about opaque trading environments.