- FIFA and Avalanche partner to create a new blockchain.
- AVAX token surges 10-11% after announcement.
- FIFA aims to improve digital fan experience globally.
FIFA has announced a collaboration with Avalanche on May 22, 2025, to establish its own Layer 1 blockchain to enhance Web3 initiatives. This development marks a significant leap for FIFA’s digital strategy.
FIFA’s move to implement a dedicated blockchain via Avalanche indicates the growing influence of digital platforms in global sports, evidenced by AVAX’s 10-11% market surge.
FIFA, the world’s leading sports organization, has partnered with Avalanche to launch its own Layer 1 blockchain network. This decision is underscored by their shared vision to streamline digital operations and engage with over five billion fans.
Modex, leading the initiative, emphasizes the partnership’s potential to deliver unique digital collectibles and fan experiences using Avalanche technology. This collaboration reflects a significant institutional adoption of blockchain technology by a major sports entity.
FIFA’s selection of Avalanche technology represents a pivotal moment in the evolution of blockchain infrastructure. As one of the world’s most recognized organizations, FIFA’s move underscores Avalanche’s unique ability to support custom, high-performance networks at global scale. — Francesco Abbate, CEO, Modex
The announcement led to a notable spike in the value of Avalanche’s native token AVAX, demonstrating a positive market reception. This has created a ripple effect in the financial markets, affirming blockchain’s critical role in modern business strategies.
Experts suggest that this strategic collaboration opens doors to new technological outcomes in sports. The shift from fragmented platforms to sovereign blockchain networks enhances FIFA’s capacity to develop products. This reflects a growing demand for verifiable digital ownership.
This collaboration signifies a new era for FIFA as it capitalizes on digital platforms to drive fan engagement and operational efficiency. The move towards a proprietary blockchain underscores FIFA’s commitment to advancing in the Web3 space with innovative technology.
About the author
Avalanche Partners with FIFA for Blockchain Platform
FIFA partners with Avalanche to enhance blockchain integration, marking a strategic shift in sports technology.
Kraken Launches 50 Tokenized Stocks on Solana Blockchain
Kraken introduces 50+ tokenized U.S. stocks like Apple, enabling 24/7 trading on Solana blockchain.
Jiuzi New Energy Plans Major Bitcoin Purchase
Jiuzi Holdings, Inc., a China-based new energy vehicle retailer, announced plans to acquire 1,000 Bitcoins, marking a shift in their investment strategy.
Kraken Launches Tokenized Stocks For Global Markets
Kraken offers over 50 tokenized stocks outside the U.S., including Apple and Tesla.
Bitcoin Futures Open Interest Hits $80 Billion Milestone
Bitcoin futures open interest reaches $80 billion as market activity intensifies.
Genius Group Expands Bitcoin Holdings by 40% After Court Approval
Genius Group, a publicly listed company on the NYSE American, has increased its Bitcoin holdings by 40% following U.S. Court of Appeals approval, impacting market trends and investor strategies.
Related
Avalanche Partners with FIFA for Blockchain Platform
FIFA partners with Avalanche to enhance blockchain integration, marking a strategic shift in sports technology.
Kraken Launches 50 Tokenized Stocks on Solana Blockchain
Kraken introduces 50+ tokenized U.S. stocks like Apple, enabling 24/7 trading on Solana blockchain.
Jiuzi New Energy Plans Major Bitcoin Purchase
Jiuzi Holdings, Inc., a China-based new energy vehicle retailer, announced plans to acquire 1,000 Bitcoins, marking a shift in their investment strategy.
Kraken Launches Tokenized Stocks For Global Markets
Kraken offers over 50 tokenized stocks outside the U.S., including Apple and Tesla.
Bitcoin Futures Open Interest Hits $80 Billion Milestone
Bitcoin futures open interest reaches $80 billion as market activity intensifies.
Genius Group Expands Bitcoin Holdings by 40% After Court Approval
Genius Group, a publicly listed company on the NYSE American, has increased its Bitcoin holdings by 40% following U.S. Court of Appeals approval, impacting market trends and investor strategies.
Be the first to leave a comment