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Brazilian Soccer Giant Sao Paulo Embraces Crypto as a Payment Method

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One of the most successful Brazilian football clubs, São Paulo, has allowed its fans to buy tickets for matches with cryptocurrency, becoming the first team in the country to do so.

Diving deeper into the Crypto universe

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The 22-time winner of Brazil’s top football league, São Paulo, teamed up with cryptocurrency exchange Bitso a few months ago. As a result, the company will sponsor the club for the next three years.

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According to statementthe two sides have taken their partnership to the next level by allowing São Paulo fans to purchase tickets for home matches using digital assets. This is the first such initiative in the Brazilian football sector. It includes many cryptocurrencies, including Shiba Inu.

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However, the first fan who bought a ticket for a football match in cryptocurrency decided to use bitcoin as a means of payment. His name is Fabio Gloden Broom and he has been awarded a Non-Fungible Token (NFT) to commemorate the pioneering purchase.

Initially, the offer will only be available to registered fans with membership cards. In the near future it may be presented to other supporters.


Other football teams cooperating with Bitso

Earlier this year, seven-time Mexican football champion Tigres teamed up with Bitso to use bitcoin as a payment method for tickets and entertainment. The president of the club, Mauricio Culebro Galván, assured that similar initiatives in the field of cryptocurrency will follow in the future:

“Tigres continues to look to the future and new initiatives are sure to come with Bitso to continue to offer better services.”

Last month, the Spanish RCD Espanyol also joined the exchange. With the start of the next La Liga season (August 2022), fans will be able to purchase tickets for games, merchandise, food and drink with bitcoin, ether and other digital currencies.

“With this step, we become pioneers in a field that is no longer the future, but the present,” said Espanyol President Mao Ye Wu.

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