You're contacting media contact of this press release

Title: International Boxing Association IBA Announces Launch of Global Boxing Ecosystem: Kremlev Transforms Rules of the Game

Lausanne, Switzerland, 19th Feb 2026 - The International Boxing Association (IBA) has announced the full launch of its exciting global boxing ecosystem, opening a new chapter in the development of world sport.As part of this new phase, IBA is introducing a comprehensive digital infrastructure and commercial toolkit, including IBA Exchange, IBA Bank, and its own payment system. In the near future, the organization plans to unveil a digital wallet and an internal ecosystem token, significantly expanding financial opportunities for athletes, national federations, and partners.At the same time, IBA has introduced IBA Connect — a new communications and production platform designed to foster a modern culture of influence within the media space. The platform enables brands to build transparent and effective partnerships with creators and athletes at all levels. Each participant will receive structured support and strategic guidance, creating an efficient and authentic communication model. Particular emphasis is placed on the platform’s social mission — supporting retired athletes through their integration into the media sphere via education and participation in creative projects.IBA continues to promote the concept of sport beyond politics, emphasizing its openness to athletes from all countries. Under the leadership of IBA President Umar Kremlev, amateur boxing has seen an unprecedented number of participating nations in tournaments and record-breaking prize funds. At the recent World Championships in Dubai, the total prize fund exceeded USD 8 million. Funds were distributed according to a unique model: 50% to the winner, 25% to the coach, and 25% to the national federation, strengthening systemic support for athletes at all levels.Beyond the ring, IBA provides a wide range o...

This press release is issued by King Newswire