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    Home » Crypto News » Mexican Soccer Giant Tigres to Embrace Bitcoin as Payment Method

    Mexican Soccer Giant Tigres to Embrace Bitcoin as Payment Method

    Author: Dimitar Dzhondzhorov

    Last Updated Apr 23, 2022 @ 08:30

    The soccer club Tigres, the delivery platform Rappi, and the jewelry distributor SFL Maven are the latest entities to adopt bitcoin as a means of payment.

    One of the most successful soccer clubs in Mexico – Tigres – partnered with Bitso to enable fans to purchase tickets in bitcoin.

    The latest cryptocurrency adoption does not end there, as the leading delivery platform in South America – Rappi – and the renowned provider of jewelry and precious metals – SFL Maven – revealed the same intentions.

    Bitcoin Gets one Step Closer to Mexican Soccer

    Seven-time champion of Mexico’s premium soccer league – Tigres – disclosed it collaborated with Bitso (a major cryptocurrency exchange in Latin America) and Boletomóvil (a platform for purchasing tickets) to allow its fans to buy passes for matches and entertainment events in bitcoin. The initiative will see the light of day this weekend when the team faces its big rival – America.

    Daniel Vogel – Co-Founder and CEO of Bitso – said his company’s main goal is to make digital assets “useful for all people.” The partnership with Tigres will enhance the daily employment of cryptocurrencies in sporting events, “thus extending its use as a payment method for any type of event,” he added.

    For his part, Walter Gonzales – Co-Founder and CEO of Boletomóvil – opined that bitcoin and the altcoins have emerged as a flourishing asset class, and “whoever does not see it that way is staying in the past.”

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    “With this agreement between Boletomóvil and Bitso, we innovate to live up to what our clients require,” Gonzales stated.

    Mauricio Culebro Galván – President of Club Tigres – assured this will not be the last cryptocurrency endeavor introduced by the team:

    “Tigres continued to look to the future, and new initiatives will surely come with Bitso to continue offering greater services.”

    Soccer is sport number one in Mexico. According to a study, over 55% of the local population is interested in it and supports one of the local teams. Tigres’ stadium, called Estadio Universitario (nicknamed “El Volcan”), hosts over 40,000 fans almost every time the club plays there.

    Rappi and SFL Maven Completing the List

    A recent coverage reads that one of the largest delivery companies in Latin America – Rappi – will also jump on the bitcoin bandwagon by allowing BTC payments on its platform. The company formed an alliance with Bitso and Bitpay to enable the bitcoin payments.

    Rappi is a Colombian organization with a presence in 9 countries in the South American and Central American region. The report revealed that the bitcoin initiative will be first available to Mexican customers.

    “It is a first approach that will allow us to learn and continue incorporating the crypto world into Rappi,” the company’s President Sebastian Melija said.

    Another entity that vowed to join crypto’s ecosystem is the premier distributor of luxury goods – SFL Maven. It will accept bitcoin as a means of payment for the purchases of high-end vintage jewelry items both in the real world and digitally within the Metaverse.

    In addition, the US-based company will begin diversifying its cash flows to include scaling exposure to BTC as a key item in its recorded holdings of assets.

    “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 could continue to drag down value,” said Joseph Ladin – CEO of SFLMaven.

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    Tags: Bitcoin Bitcoin Adoption BitPay
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    About The Author

    Dimitar Dzhondzhorov
    More posts by this author

    Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.

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