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FC Barcelona raises $132M in funding for blockchain and NFT startup

Spanish football club barcelona achieved A 120 million Euro financing ($132 million) Libero Football Finance AG and Nipa Capital BV. For the web3 initiative, Barça Vision.

According to the statement dated 11 August,FC Barcelona has sold a 29.5 percent stake in Bridgeburg Invest, the holding company of Barça Vision, in exchange for capital.. “Barça Vision is an attempt to integrate all Web3 and blockchain-based digital content, including NFT and metaverse, as part of the club’s strategy to build the digital Espai Barça.”Written by the developers.

Libero is a company listed on the German stock exchange that advises football clubs on financial matters. Nipa Capital is a Netherlands-based venture capital firm. The transaction is subject to FC Barcelona shareholders approval and is expected to close in the 4th quarter of 2023.

FC Barcelona since February 2020, FC Barcelona Fan Token (BAR), based on Ethereum for the sports franchise. As of August 2022, Chiliz announced that it has acquired a 24.5 percent stake in Barça Vision.FC Barcelona’s digital content creation division, For 100 million dollars.

FC Barcelona in May he threw The first NFT collection with plastics. named “Unleash Your Passion”collection Includes 3,000 animal-themed NFTs priced at $30 will contribute according to the club “Remove 35,000,000 kg of plastic from our planet”.

Then in July 2022 the football club sold its first NFT, “Somehow No. 1 Masterpiece” $693,000 at Sotheby’s New York. The second collector’s item in the series, “Masterpiece #2 – Empowerment”, sold Open OpenSea for $300,231 on June 28, 2023.

✅ OFFICIAL: FC Barcelona has reached an agreement with private investment advisors of Libero Football Finance and NIPA Capital BV to enter as new shareholders of Bridgeburg Invest, a brand of Barça Vision.

These investors took over 29.5% of Barça Vision’s shares for 120 million Euros. pic.twitter.com/4aWCMO8iA1

— Barca Buzz (@Barca_Buzz) 11 August 2023

Translation of Matteo Carrone

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