Premier League's Wolverhampton Wanderers soccer club to launch fan token

The English Premier League’s Wolverhampton Wanderers Football Club will launch fan tokens under a new partnership with Turkish blockchain platform Bitci Technology.

The Premier League is the most followed soccer league in the world, Bitci’s announcement states. Turkish blockchain experts will develop a Wolves fan token on Bitcichain. Bitci’s own crypto exchange will list the Wolves fan token first, followed by other exchanges worldwide.

The multiyear agreement will see the Bitci logo appear on the Wolves team’s jerseys and screens in the Wolves' historic stadium, Molineux, starting during the 2021–2022 season. As one of the founders of the Football League in England, Wolves has been playing its matches in Molineux Stadium since 1889.

Commenting on the partnership, Wolves spokesperson Russell Jones said, “We are looking forward to investigating options for fan tokens, which we believe will create another way to engage our fans In the UK and overseas.” 

Bitci Technology is known for partnering on fan tokens with teams from a wide range of sports. Recently, it became the official fan token partner of Formula One team McLaren Racing and Turkey’s national basketball team.

The Spanish national soccer team previously partnered with Bitci to launch its fan token. The company is also an official shorts logo sponsor of the Rangers Football Club.