Inside Crypto’s Multiyear Rush Into Soccer
During the pandemic, soccer clubs needed money. Crypto companies had plenty of it — and wanted something the sport could offer: visibility, recognition and credibility. What followed was a sponsorship boom that put crypto brands on shirts, around stadiums and alongside some of the biggest clubs in the game.
CNBC’s Tom Chitty explores how soccer and crypto became unlikely business partners, why the relationship took off so quickly and why, for a time, it looked like a perfect match.
This is the first installment in The Score’s three-part “Crypto FC” series. Don’t miss part two, where we explore how soccer’s crypto boom unravelled and part three, which asks what survives after the hype.
#CNBC #CNBCSport #thescore
-----
Subscribe: @cnbci
CNBC International Live: @cnbcinternationalive
LinkedIn: https://www.linkedin.com/showcase/cnbc/
TikTok: https://www.tiktok.com/@cnbc
Facebook: https://www.facebook.com/cnbc
Instagram: https://www.instagram.com/cnbc
Threads: https://www.threads.net/@cnbc
X: https://twitter.com/CNBC
Telegram: https://t.me/cnbc
CNBC International
CNBC is the number one business and financial news network on the planet. Join us on YouTube as we take you around the world, give you the tools you need to get ahead in business, and explain the stories making the headlines from London to Singapore....