Bitso Enables Payment by Crypto for Player Transfer to São Paulo FC

Bitso, a Latin American crypto exchange, has facilitated the transfer of Argentian football (soccer) player to São Paulo FC’

Bitso states that this is the first such transfer to take place with midfielder Giuliano Galoppo signing with the São Paulo club, completed with crypto, and the second transaction powered by Bitso for a football team in Latin America

“This is a historic moment for Bitso, São Paulo FC and South American football. Our main mission is to contribute to further modernization, digitization and inclusion, and this is another important step in that direction. We are very proud to work with the two clubs to make this historic signing of the SPFC possible, with all the security, transparency and flexibility offered by the crypto economy,” said Thales Freitas, general director of Bitso in Brazil. [translated]

Earlier this year, Bitso and the SPFC completed a different transaction in Brazilian sports by announcing the first sale of match tickets through cryptocurrencies. As well in 2022, the Mexican team Tigres carried out the first transaction of a professional soccer player using cryptocurrencies when the Brazilian Stefanny Ferrer was sold to Angel City of the United States – enabled by Bitso.

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