Cryptocurrencies

    PSG teams up with Chiliz chain for blockchain validation

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    Paris Saint-Germain (PSG), the esteemed French football club, is delving deeper into the cryptocurrency world by partnering with Chiliz Chain as their infrastructure provider.

    This strategic move not only positions PSG as the first major football team to serve as a blockchain protocol validator but also underscores their dedication to the Web3 and SportFi sectors.

    Exclusive discussions between Cointelegraph and Chiliz founder Alexandre Dreyfus and PSG's Web3 chief, Pär Helgosson, shed light on this groundbreaking collaboration and its potential impact.

    Through this innovative partnership, PSG aims to enhance its digital engagement by reinvesting proceeds from validation operations into purchasing PSG fan tokens, paving the way for a self-sustaining digital ecosystem for the club and its global fanbase, potentially inspiring others in the sports industry.

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