Brazilian Football Powerhouse São Paulo FC Lets Fans Buy Tickets Using Bitcoin, Crypto

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Source: A screenshot, Instagram/saopaulofc

Sao Paulo FCone of the biggest clubs in Brazil and world football, made history by becoming the first Brazilian team to accept payment in bitcoin (BTC) and altcoin for match tickets.

As reported, the club announced that it would start the program at the end of last month after reaching an agreement with the Brazilian branch of the Mexican crypto exchange. bitso. The latter became one of the club’s sponsors in January, with the two parties agreeing a three-year partnership deal, but decided to take their relationship to the next level at the end of May.

The deal allows fans to purchase home tickets for matches played at Morumbi Stadium using BTC and other coins – using an interface provided by Bitso. In addition to BTC, fans can pay in dogecoin (DOGE), shiba inu (SHIB), bitcoin cash (BCH), ethereum (ETH), wrapped bitcoin (WBTC), litecoin (LTC), and five USD-backed stablecoins , including DAI .

The crypto payment program is currently only available to official fan club members, the club revealed on its members’ Twitter account, but the general public will also be able to use Bitso’s payment options in the near future, multiple outlets reported.

The identity of the first fan in Brazil to purchase a ticket using crypto-assets has been revealed as a fan named Fábio Gloeden Brum. The latter bought match tickets using bitcoin, and Marca reported that Gloeden Brum received an official São Paulo FC NFT as a commemorative gift.

Bitso said allowing fans to buy tickets “with cryptocurrencies” was “one of our main goals since the start of the partnership with the club”, while São Paulo FC claimed the move proved that the team was at the “cutting edge of innovation”. in the Brazilian football space.
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Learn more:
– 10 Brazilian Trading Giants Who Took Bitcoin, Crypto Plunge
– Brazil in the Bitcoin adoption drive: Blockchain.com expansion, tax relief for miners, real estate firm’s BTC pick

– Chelsea secures first crypto shirt sponsor in $24m deal
– Liverpool FC Mull offer to ditch TradFi for crypto firm in shirt sponsorship deal

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