(CRO) signs a multi-year partnership with Paris Saint-Germain (PSG) takes on Paris Saint-Germain

Decidedly, cryptocurrency exchange platforms greatly appreciate the visibility that the sports industry can offer them.

After brilliant partnerships with Formula 1, theUltimate Fighting Championship (UFC), the National Hockey League (NHL) or the Italian football championship, the (CRO) platform has just got closer to Paris Saint-Germain (PSG).

In a press release, announces that it has concluded a multi-year agreement with the famous football club. Thus, becomes the official “crypto-partner” of the Parisian club and this collaboration will result in several elements.

First of all, exclusive non-fungible tokens (NFTs) will be available in the near future on’s NFT marketplace, namely

In addition – and this would be a world first for a partnership of this scale – a significant (but unspecified) portion of the sponsorship fee will be paid to PSG in CRO tokens, the native cryptocurrency of the ecosystem.

“Our mission from day one has been to accelerate the world’s transition to crypto-currencies. We do this by finding the best partners in the world, and Paris Saint-Germain is no slouch,” said Kris Marszalek, co-founder and CEO of

A club already very crypto-friendly

Paris Saint-Germain is no stranger to the world of cryptocurrencies. So this partnership with is not that surprising when you look at the club’s history with the industry.

See also  Ethereum and tier 2 solutions leader Polygon part of ProBit Exclusive anniversary

In early 2020, the legendary French club launched its own cryptocurrency through a collaboration with A fan token that allows fans to participate in certain decisions made by the football club.

Last month, the football world learned that Lionel Messi was joining Paris Saint-Germain and that part of his salary would be paid in tokens PSG.

An announcement that materialized in a consequent increase in the price of the PSG token, in addition to proving once again the club’s commitment to the development of crypto-assets.

For Marc Armstrong, director of partnerships at Paris Saint-Germain, this deal with once again shows that the club is a true pioneer in areas such as digital, e-sports and lifestyle.

“This is an exciting time for crypto-currencies and we look forward to working with to offer new experiences to all the club’s fans,” he added.

Naturally, the PSG token is now available for trading on’s platform, and the announcement of the partnership was accompanied by a nearly 10% rise in its price within a few hours.

Related News – (CRO) partners with Visa worldwide to launch lending service


Get a crypto news recap every Sunday And that’s it.

What you need to know about affiliate links. This page features assets, products or services related to investing. Some of the links in this article are affiliate links. This means that if you buy a product or register on a site from this article, our partner pays us a commission. This allows us to continue to provide you with original and useful content. There is no impact on you and you can even get a bonus for using our links.

See also  Bank of Ghana prepares for CBDC pilot

Investing in crypto-currencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, by any damage or loss caused as a result of the use of a good or service highlighted in this article. Crypto-asset related investments are risky by nature, readers should do their own research before taking any action and only invest within the limits of their financial capabilities. This article does not constitute investment advice.

About the author: Clement Wardzala (CRO) signs a multi-year partnership with Paris Saint-Germain (PSG)


Editor-in-Chief of Cryptoast, I discovered Bitcoin and blockchain technology in 2017. Since then, I’ve been striving to share qualitative content so that the sector can be democratized to everyone.
All articles by Clement Wardzala.