Tigres, a leading soccer club in Mexico, will allow fans to buy tickets using Bitcoin. The club will partner with Bitso for this initiative. The move comes as the level of cryptocurrency adoption in Latin America records significant growth.
Tigres to support BTC payments
Tigres, a seven-time champion of Mexico’s premium soccer league, has announced a partnership with Bitso to allow fans to buy match and event tickets using Bitcoin. Bitso is a leading cryptocurrency exchange in Latin America.
The purchases will be available this weekend as Tigres faces one of its greatest rivals, America. According to the co-founder of Bitso, Daniel Vogel, the partnership will boost the daily use of cryptocurrencies in sports events.
The match tickets will be issued via Boletomovil, with the company’s CEO, Walter Gonzales, saying that cryptocurrencies had become a successful asset class, and those who failed to acknowledge the success failed to transition to current trends. “With this agreement between Boletomovil and Bitso, we innovate to live up to what our clients require,” Gonzales added.
“Tigres continued to look to the future, and new initiatives will surely come with Bitso to continue offering greater services,” said the President of Club Tigres, Mauricio Culebro Galvan.
Soccer is one of the most popular sports in Mexico. A study showed that more than 55% of the local population was interested in soccer, and they supported the local team. The Tigres stadium sees more than 40,000 fans during home matches.
Crypto adoption in Latin America
A recent report said that a leading delivery company in Latin America, Rappi, will venture into cryptocurrencies by supporting Bitcoin payments. Rappi partnered with Bitso and Bitso to support Bitcoin payments.
SFL Maven also has plans to venture into the crypto sector. SFL Maven said it would accept Bitcoin payments in paying for expensive jewelry in the real and virtual world in the metaverse.
Joseph Ladin, the CEO of SFL Maven, said, “We believe in the future of Bitcoin and digital payment systems and that fiat currency systems represent a risk to the productivity of assets on the balance sheet because they are subject to monetary expansion, stimulus and debt, which continue to drag down value.”
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Source: https://insidebitcoins.com/news/mexican-soccer-giant-to-allow-fans-to-buy-tickets-in-bitcoin