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La Liga Becomes First Top Soccer League to Offer NFTs of All Players

Fans will be able to trade and play fantasy tournaments with NFTs representing players from the top 20 clubs in Spain.

By Jamie Crawley
AccessTimeIconSep 9, 2021 at 10:23 a.m. UTC
Updated May 11, 2023 at 4:14 p.m. UTC
Barcelona FC’s home stadium. (Fikri Rasyid/Unsplash)
Barcelona FC’s home stadium. (Fikri Rasyid/Unsplash)

Spain’s La Liga has become the first of Europe’s top soccer leagues to offer non-fungible tokens (NFTs) of all its players.

  • A partnership with French digital soccer collectibles platform Sorare will allow fans to trade and play fantasy tournaments with NFTs representing players from the 20 biggest clubs in Spain, including Barcelona, Real Madrid and Atlético Madrid.
  • The collaboration is the first such deal Sorare has struck with one of the top European soccer leagues, according to an announcement Thursday.
  • Sorare plans to strike similar deals with the top 20 leagues worldwide by the end of 2022.
  • A number of the world’s elite individual teams already have NFTs on the platform, including Bayern Munich, Juventus and Liverpool.
  • The platform’s game allows users to build a team made up of five players represented by NFTs, which they enter in various fantasy football tournaments to earn prizes based on the players’ real-life performances.
  • Sorare was reportedly set to receive $532 million in funding in June, which would value the platform at over $3.8 billion.
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    • Read more: In Europe, Football NFTs and Tokens Are No Fantasy

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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Jamie Crawley
    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Follow @JamieCrawleyCD on Twitter
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