Paris Saint-Germain (PSG), a predominant player in the world football scene, sets another first. The club recently confirmed it holds
Bitcoin in its treasury, making it the first football club to do so. Its adoption of Bitcoin has sparked a fresh wave of digital asset acceptance within the sports industry.
Champion League finalist PSG also announced its search for Web3 builders with Bitcoin as part of the strategy, marking the kickoff of a new era in sports finance. Despite a fluctuation observed in the value of
PSG Fan Token, where it surged by 18% after PSG's victory and plunged by about 18% upon a 5-0 win at the UCL final, it remains significant news in the fan engagement sector.
PSG has also partnered with numerous market players to drive innovation and engagement among its fans. It has collaborated with Matchain to bring Web3 innovations to the worldwide football community, entered into a partnership with PSG Labs to launch Vision Token, and became a
blockchain validator for Chiliz Chain. Additionally, PSG leverages fan tokens for various activities, including determining penalty shootouts during football games.
Within this revolutionary phase, Lionel Messi's contract was revealed to include payment in fan tokens alongside another promotion of a meme coin on Solana. In summary, this Parisian football powerhouse's innovative moves are increasing the prominence of digital assets and blockchain in sports finance, making them mainstream.
PSG Coin News Analytics from Mon, 07 Apr 2014 07:00:00 GMT to Wed, 30 Jul 2025 18:22:04 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -9
