The French football club aims to explore various avenues in the cryptocurrency sector, starting with becoming an infrastructure provider to Chiliz Chain.
French football giant Paris Saint-Germain (PSG) is set to deepen its Web3 and SportFi involvement by becoming a validator for fan token blockchain Chiliz.
Cointelegraph recently traveled to Paris to speak exclusively to Chiliz founder Alexandre Dreyfus and PSG head of Web3 Pär Helgosson about the evolving partnership.
PSG becomes the first major football club to become a blockchain protocol validator and is set to reinvest revenue derived from its validator to buy back PSG fan tokens. The move is touted to create a self-sustaining digital economy for the club and its fan base.
