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PSG Football Club Token Grows By 74%

Anna Martynova

PSG's fan token price has risen markedly amid reports of Lionel Messi's transfer. According to CoinMarketCap, PSG is up over 74% in the past four days. Most of its trading comes from Binance and the Turkish crypto exchange Paribu.

The token was launched by the club in partnership with Socios.com in early 2020 and allows fans to express their opinions in the club's decision-making process by voting. Juventus and A.C. Milan have also issued similar fan tokens.

Earlier this week, Barcelona announced that they would part ways with Lionel MESSI due to financial difficulties of the football club. On August 7, the French edition L'Equipe reported that PSG are ready to offer one of the greatest football players an annual salary of 40 mln euros. The Paris-based club is expected to hold talks with Messi’s representatives this Sunday.

Image: Fan Token News

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