FC Barcelona secures $132M investment for blockchain and NFT venture

Spanish soccer club FC Barcelona has secured a 120 million euro ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative, Barça Vision. According to the Aug. 11 announcement, FC Barcelona sold a 29.5% stake in Bridgeburg Invest, the holding company for Barça Vision, in exchange for the capital. Libero is a publicly listed company in Germany consulting soccer clubs on financial matters. Nipa Capital is a venture capital firm domiciled in the Netherlands. Since February 2020, FC Barcelona has partnered with the Chiliz blockchain to create Ethereum-based FC Barcelona Fan Tokens (BAR) for its sports franchise.

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