British Virgin Islands

Wednesday, Sep 22, 2021

Investment firm based in BVI sponsors territory’s Olympic team

Investment firm based in BVI sponsors territory’s Olympic team

The global financial broker with offices in the BVI, iFOREX has partnered with the BVI Olympic Committee (BVIOC) to act as sponsors of the territory’s Olympic team for the Tokyo Olympic Games this summer.
A media release from the BVIOC said it is believed this partnership marks the first time an investment firm has sponsored a National Olympic Committee.

“As a company licensed in the British Virgin Islands, we have first-hand awareness of the spirit and potential of this exceptional team and we are proud and excited to support the athletes in their remarkable efforts to bring home the territory’s first Olympic medal,” said iFOREX operators, Formula Investment House Ltd.

The financial services company now joins athletic brand PUMA as one of the BVIOC’s two official sponsors.

In the meantime, the Tokyo Olympics are scheduled to run from Friday, July 23 to Sunday, August 8.

The team of athletes confirmed to represent the territory at the Games are 400-metre hurdler Kyron MacMaster, local strongman Eldred Henry who will compete in the Men’s Shot Put event, and Chantel Malone who will be competing in the Women’s Long Jump.

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