Brazilian Football Club Fan Tokens Expand to Australian Exchange
Chiliz, a global leader in blockchain technology for the sports industry and the creator of the largest Fan Token ecosystem, has announced a significant expansion for Brazilian football club Fan Tokens.
The official tokens of Vasco da Gama ($VASCO), Fluminense ($FLU), and Palmeiras ($VERDAO) are now available for trading on Cube Exchange, an Australian platform established in 2023 with a strong presence in four global markets. This move broadens engagement and investment opportunities for fans of these three major Brazilian clubs.
Fan Tokens have become an innovative product within the sports ecosystem, empowering fans worldwide to participate in official polls and gain access to exclusive experiences with their favorite teams.
Fan Tokens: A New Revenue Stream
Beyond connecting clubs and fans, Fan Tokens also represent a new avenue for revenue generation and digital engagement for sports organizations.
Global Reach for Brazilian Clubs
The listing of $VASCO, $FLU, and $VERDAO on Cube Exchange expands access to these digital assets for football fans globally and reinforces the global reach of the Chiliz community.
To celebrate the listings, Cube Exchange hosted trading tournaments with a total prize pool of US$30,000, encouraging participation from both the crypto and sports communities.
“Brazil is one of the most passionate football countries in the world and, at the same time, an extremely receptive market to digital innovation. The presence of three giants like Vasco, Fluminense, and Palmeiras in the Chiliz ecosystem reinforces not only the strength of our Fan Token model but also the country’s potential as a protagonist in the global SportFi movement. The listing on Cube Exchange further expands the opportunities for fans around the world to connect and invest in Brazilian clubs in an unprecedented way,” says Bruno Pessoa, Country Manager of Chiliz in Brazil.
With this development, Chiliz reinforces its commitment to expanding the global presence of Fan Tokens and strengthening the development of the sports digital asset market, connecting institutions and fans.
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