Spain fan token SNFT jumps 54% as Kraken’s FIFA World Cup deal boosts crypto visibility

Ahead of Spain’s July 10 quarterfinal against Belgium, SNFT outpaced BELG while Kraken’s June 9 sponsorship made it FIFA’s first official crypto exchange supporter at a World Cup.

CHZ

45d ago

Fact Check

Every core element is corroborated. The Cryptobriefing article reports SNFT surging 54% in a week and outpacing BELG (16%) ahead of the quarterfinal. crypto.news, coindcx, and other sources confirm Kraken became FIFA's first Official Crypto Exchange Supporter on June 9, 2026. FIFA.com and NPR confirm the Spain-Belgium quarterfinal was played July 10, 2026. The only minor nuance is that the 54% figure is framed as a weekly/knockout-stage gain rather than a single-day move, which matches the claim's wording ('jumps 54%').

Summary

Spain’s National Football Team Fan Token, SNFT, rose about 54% during the 2026 World Cup knockout stage, outpacing Belgium’s BELG token, which gained around 16% before the teams’ July 10 quarterfinal at SoFi Stadium in Los Angeles. BELG, launched on June 3, 2026 on Chiliz Chain through Socios.com, offers voting rights on minor team decisions, exclusive rewards and access to campaigns including the Nations in Play staking program, which runs from June 11 through July 19 and pays Match Win Bonuses to staked holders when Belgium wins. The fan-token activity unfolded alongside Kraken’s June 9, 2026 agreement to become FIFA’s Official Crypto Exchange Supporter, the first official World Cup sponsorship by a cryptocurrency exchange, giving crypto branding broader visibility across the tournament in Canada, Mexico and the US.

Terms & Concepts

fan tokens: Tradable crypto tokens linked to sports teams that can grant perks such as voting rights, rewards and fan engagement features.
staking: Locking tokens in a program to qualify for rewards or other incentives.
Chiliz Chain: A blockchain network focused on sports and entertainment tokens, including assets used on Socios.com.