Fastex, part of BetConstruct, has revealed a memorandum of cooperation with the Olympionic Sports Charity Foundation in Armenia.

Fastex Olympionic Armenia

The deal announced by the Web3 solutions provider aims to foster sports excellence and improve living conditions for athletes in the country.

Fastex will contribute up to five million Fasttokens to support athletes who finish in the top three in Olympic and Paralympic events at this summer’s Paris games.

The partnership, which is slated to run until 2030, will also cover other global and European sports events not featured in the Olympic program and will support coaches.