Barcelona Football Club was able to raise 120 million euros for Web 3.0

Barcelona is a famous FC in Spain. They were able to receive 120 million euros, which is more than 130 million dollars, in the form of investments. They received them from Liberto Footbakl and Nipa Capital. The funds will be used to implement initiatives in the field of Web 3.0 technology.

What is known about financing

The invested funds were sent to Barca Vision. The division is responsible for the expansion of the company in the cryptocurrency industry. This also includes the area of non-interchangeable NFT coins.

Along with this, the funds were provided on collateral. The company had to sell 29.5% of its own stake in Birdgeburd Invest holding.

The head of the club, J. Laporta, made a statement against this background. He said that in the past couple of years they have been able to make successful progress in the cryptocurrency industry. They have turned their own crypto assets into a creative center. Thanks to this, the football club was able to rise to a unique world level.

The company also announced that it will continue to cooperate with the Socios and Orpheus platforms. In addition, the club started working with Mountain & Co. I Acquisition. The latter focuses on European media and technologies.

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