Soccer Club Uses Crypto To Sign Player Throug Bitso Exchange

July 30, 2022

The leading cryptocurrency platform in Latin America and Sao Paulo Futbol Club announced its collaboration with the Argentina team.

Midfielder Giuliano Galoppo of Atlético Banfield club was brought on the platform through crypto.

The transaction done on the Bitso platform marked the first contract transfer of the "Tricolo" from São Paulo using cryptocurrencies as a payment mode.

The Brazilian club bought Galoppo for more than 6 million dollars, they were held in digital assets.

General director of Bitso in Brazil Theles Freitas called it a historic moment for Bitso, San Pablo FC and South American football.

A few weeks ago, Bitso and São Paulo announced the first sale of match tickets through cryptocurrencies.

Earlier this year, the Mexican team, Tigres along with Bitso did its first transaction with a professional soccer player using cryptocurrencies.