Messi joins crypto craze as gets part of PSG fee in fan tokens

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Lionel Messi's signing on fee at Paris St Germain includes some of the French club's cryptocurrency fan tokens. The Argentine left Barcelona and signed a two-year contract with Qatari-owned PSG, with an option for a third year

The Argentine, 34, left Spanish side Barcelona and signed a two-year contract with Qatari-owned Paris St Germain , with an option for a third year, on Tuesday.

The tokens are increasingly seen by clubs as a source of new revenue and Socios.com, which provide the tokens for PSG and other top clubs, says tokens have generated nearly $200 million for its partner clubs in 2021, with PSG already seeing revenue from the Messi deal. Trading volumes exceeded $1.2 billion in the days preceding the arrival of the six-times winner of the Ballon d'Or world's best soccer player award, it said.

"I believe this could be the start of a new trend as fan tokens and Socios.com play an increasingly prominent role across sport at the very highest level," he said.

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