• Espanyol is Spain’s first football club to accept cryptocurrency

  • In a sponsorship agreement inked on Monday with iGaming Token Crypto Snack, La Liga football club Espanyol confirmed it will accept crypto payments beginning next season. Espanyol is become Spain’s first club to accept cryptocurrency payments.

    Binance Smart Chain’s First iGaming Token

    Crypto Snack, the first iGaming Token launched on the Binance Smart Chain, aims to combat climate change by reserving 10% of all Crypto Snack tokens in its Green Treasury for projects that help save the earth.

    For the next three years, Espanyol’s RCDE Stadium in Barcelona will accept payments in a variety of cryptocurrencies like as Bitcoin, Ethereum, and SNACK. The agreement also involves the inclusion of the Crypto Snack logo on the club team’s uniform.

    “We secured an arrangement for the duration of the season and three more years that includes the presence of Crypto Snack in the training shirt and the first team shorts,” said Antoni Alegre, the club’s marketing director. We are an ambitious group that wishes to serve as a meeting place for the blockchain sector.”

    The club’s chief executive officer, Mao Ye Wu, stated that they are trying to include cryptocurrencies as a payment method in the stadium next season. “We appreciate all that technology offers to the world of football.”

    Stuart Morrison, CEO of Crypto Snacks, stated that Espanyol was the ideal partner. “We are delighted to be here and to sign La Liga’s first partnership in this field.” We wish to collaborate and grow as a team.”

    The collaboration underscores the growing use of bitcoin and blockchain technologies in the sports business, not just in Europe but globally. From sports-related NFTs to fantasy gaming to ticket payments, the use of cryptocurrency is growing.

    In the previous week, the price of the SNACK token has increased significantly. With a trading volume of $1,922,431, the price increased by 90.1 percent in the last week.

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