Both OKX and Binance ended trading related to the Terra tokens after UST lost its dollar peg and LUNA slumped more than 99%, but Binance has since resumed trading in LUNA.
The partnership gives OKX a presence at the English Premier League champion's Etihad Stadium.
Trading volume in the bitcoin-tether trading pair on the OKEx crypto exchange reached more than 10,000 BTC in a span of two hours – at least $620 million worth based on the current price.
The cash will come from the exchange's $100 million OKEx BlockDream Ventures fund, which invests in blockchain projects.
Traders in China appear to be more concerned about the future of Huobi and OKEx.
Despite a crackdown on crypto mining, Chinese authorities are still bullish on blockchain technology.
The move comes as officials in mainland China have upped the pressure on crypto mining and trading.
The global derivatives giant improves from fifth place earlier this week. Binance ranks first.
The dogecoin phenomenon is spreading around the world. Just please read the woofpaper.
The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.