Football star Lionel Messi completed a free transfer from La Liga club Barcelona to top French team Paris Saint Germain (PSG) this week. The player signed a two-year contract with a reported annual salary of $41 million and an additional $30 million signing-on fee. Part of his financial package will be paid through PSG’s fan tokens, which are licensed by Socios.com.
PSG was one of the first clubs alongside Italian Juventus to join the Socios.com network in 2018. To this day, the club’s fan token market cap is greater than any other offering in the industry at $121 million, up from less than $50 million at the start of August. In comparison, Barcelona’s fan tokens stand at a little less than $82 million and Juventus’ just surpassed $19 million.
According to PSG, in the days preceding Messi’s move to the club, the trading volume exceeded $1.2 billion. In comparison, Barcelona’s fan token volume transaction was less than $22 million in the past day compared to PSG’s $297 million.
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