The Argentine Football Federation has signed a five-year deal with Binance, naming it the main global sponsor of the national team.
The partnership also released the official fan token of the Argentine Football Association, which is currently trading at $0.8759 and became the title sponsor of the Argentine Football Association’s professional football league during the aforementioned period.
The organization sees the agreement as one of the most important commercial contracts signed by the Argentine Football Federation in recent years, and is Binance’s first sponsorship deal with a national football team. This is not the first time the Argentine national team has cooperated with a cryptocurrency platform. In November 2021, the Argentine national team also reached a cooperation with the encrypted derivatives exchange Bybit.