Paris Saint-Germain (PSG), the leading football club, has recently been making waves in the cryptocurrency market. Notably, PSG has boldly confirmed its Bitcoin treasury and not shying away from the prospects of embracing Web3
technology. This is undoubtedly a trend-setting move in integrating sports finance with blockchain technology. The club is now the first of its calibre to hold Bitcoin in its treasury. Also, it added a new erwel of innovation as it announced its role as a new blockchain validator for
Chiliz Chain. Matchain, another blockchain platform, has reported hitting a record 100 million transactions in collaboration with PSG, demonstrating
blockchain's robust potential in sports finance. In the sphere of fan engagement, PSG continues to lead by introducing
digital tokens for its global fan base. This was highlighted when the superstar footballer Lionel Messi's contract required payment in fan tokens. The PSG digital token also rose by 18% post the club's Champions League victory, despite a general downturn in sports tokens. PSG's diversification into Bitcoin comes at a time of growing interest and adoption of cryptocurrency and blockchain in mainstream sports. This move, however complex, has the potential to revolutionize the relationship between sports and finance.
PSG Coin News Analytics from Mon, 15 May 2017 07:00:00 GMT to Sat, 12 Jul 2025 15:37:29 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 8
