Barcelona’s investment in blockchain secured. This football club has been creating irreplaceable token collections over the years.
Spanish football club FC Barcelona receives €120 million ($132 million) investment from Libero Football Finance AG and Nipa Capital BV For its Web3 initiative, Barça Vision has guaranteed.
According to the announcement on August 11, FC Barcelona sold 29.5% of the shares of Bridgeburg Invest, the holding company of Barça Vision, in exchange for capital. The developers stated that Barca Vision is the club’s initiative to integrate all digital content around Web 3 and Blockchain, including NFT and Metaverse. This is part of FC Barcelona’s goals to build a digital Spa Barça.
Doing this transaction requires the approval of Barcelona club shareholders. It is expected to be concluded at the end of 2023.
As of February 2020, FC Barcelona partnered with the Chiliz blockchain to create Ethereum-based FC Barcelona Fan Tokens (BAR) for their sports franchise. In August 2022, Chiles announced that it had acquired a 24.5% stake in Barcelona’s digital content production arm, Barça Vision, for $100 million.
In May, FC Barcelona launched its first NFT collection with plastics. Called Unleash Your Passion, the collection includes 3,000 animal-themed NFTs priced at $30 each. The club said it would help remove 35,000,000 kilograms of plastic from our planet.
Also, in July 2022, the football club sold its first NFT, Masterpiece #1 in a Way, at a Sotheby’s New York auction for $693,000. The second NFT of the series, Masterpiece #2 of Empowerment, was sold on June 28, 2023 at OpenSea for $300,231.
FC Barcelona has agreed with Libero Football Finance and private investment advisors NIPA Capital BV to become new partners of Bridgeburg Invest, a Barça Vision trademark. These investors have acquired 29.5% of the ownership of Barça Vision for 120 million euros.
Barcelona is one of the biggest football clubs in the world and with a huge fan base all over the world, this team has a great power to attract capital. For this reason, investors and blockchain-related companies are looking to work with Barcelona to capitalize on the team’s name and reputation as well as expand their business connections with soccer fans around the world.
Barcelona’s investment in blockchain can be done in the form of advertising and commercial cooperation with companies specializing in this field. In addition, Barcelona can also cooperate to use blockchain technology in areas such as money transfer, trust guarantee, business games, etc.
Among the countries that are active in the field of blockchain, we can mention Spain. Therefore, Barcelona may also take a step in this field in order to advance its financial and commercial goals. Also, if Barcelona Club uses blockchain as a basis for providing new services to its fans, it can increase its value and thus earn more profit.
In general, Barcelona’s investment in blockchain can be done in two ways, advertising and cooperation in projects and companies related to this technology, making it possible to offer new services to those interested in the blockchain space.