Tokenchampions is the first investment fund that tokenizes debts for the acquisition and management of international football players’ image rights. Partnering with tokenization platform provider Tokeny, Tokenchampions makes this asset accessible for retail investors in Europe for as little as €100. Furthermore, a secondary market solution will be offered to improve liquidity.
The selection of the football players is headed by Josep Maria Minguella, who discovered and developed talents like Maradona, Messi, Stoichkov and Guardiola, among others. In this first issuance, Tokenchampions is incorporating young football stars on the rise with enormous growth potential, including Nicolò Zaniolo (Roma), Rúl Moro (Lazio), Bobby Adekanye (Lazio) and David Navarro (Atlético de Madrid Youth A Sub-19).
“If we add the use of blockchain technology to the knowledge amassed over all these years of experience with players, we are in a position to tackle the challenges posed by the future of football business management with a greater likelihood of success.“Josep Maria Minguella, Honorary Sport President at Tokenchampions
As an investor, it has traditionally been difficult to invest in the football business, either because the minimum investment amount is very high or because there is simply no access to such investment opportunities. In addition, this type of asset is notoriously illiquid, further complicating the investment in the field.
Tokenchampions aims to change that through tokenization, the process to digitize assets on the blockchain. Assets can be programmed and fractionated with this technology, allowing for smaller investments and automated compliance.
“Tokenchampions democratizes the football business by combining the latest technology with an unrivaled experience in the management of sports talent, and thanks to financial strength allowing all football fans to participate, regardless of whether they are small or large investors.“Carlos Salas, CEO of Tokenchampions
By using Tokeny’s Billboard, Tokenchampions also provides a secondary market for investors, enabling them to meet other eligible counterparts and make compliant peer-to-peer transactions prior to the maturity date.
“The Tokenchampions team is a pioneer in using tokenization to make football investment more accessible and liquid for a wider range of investors. By providing them with a compliant infrastructure, we bridge the technology gap and enable them to concentrate on their core business. Our end-to-end tokenization platform helps them to achieve rapid onboarding of investors, cost-efficient management, and rapid transfer of securities in a compliant manner.“
Tokenchampions has been structured in Luxembourg, as Bill 7637 gives clear regulatory status to blockchain as the underlying technology for the issuance and circulation of securities. This is yet another demonstration that Luxembourg is the hub for asset tokenization, attracting more serious and promising projects. Both token issuers and investors will benefit greatly from the tokenization ecosystem that is being developed and completed here.
Tokenchampions is the first investment fund allowing all football fans to participate in the appealing business of their favorite sport. Tokenchampions tokenizes debt for the acquisition and management of the image rights of upcoming international talents in the world of football. Tokenchampions democratizes the football business by combining the latest technology with an unrivaled experience in the management of sports talent and allowing all football lovers to participate, regardless of whether they are small or large investors.
Tokeny allows financial actors operating in private markets to compliantly issue, transfer and manage securities using distributed ledger technology, enabling them to improve asset liquidity.
Due to disconnected and siloed services that are currently used to enforce trust, private markets experience poor asset transferability with little to no liquidity. By applying trust, compliance and control on a hyper-efficient infrastructure, Tokeny enables market participants to unlock significant advancements in the transferability and liquidity of financial instruments. Tokeny is the leader in its field and in 2020 was named one of the top 50 companies in the blockchain space by CB Insights. The company is backed by Euronext.
Read other stories: Aryze wins ESG/SDG Award at TADS Gala 2021