Are Binance and Polkadot Out of the Barca Main Sponsor Race? Crypto Sponsorship Hopes Dim
For months, speculation swirled around which company would secure the coveted spot as FC Barcelona's main shirt sponsor. Among the contenders were crypto giants Binance and Polkadot. But has Barcelona made a final decision? The short answer appears to be yes, and the crypto dream might be over, at least for now.
A few weeks ago, the news also emerged that Binance and FTX were also vying for the main space on the Barcelona shirt, but apparently, the negotiations have not It was, but Barcelona decided in the end not to go with anybody in the crypto space.
While Binance and Polkadot offered substantial deals, reports suggest concerns around the volatility of the crypto market and potentially negative brand association led Barcelona to explore other options. The club seemingly prioritized stability and brand image over the immediate financial gain offered by crypto sponsorships.
So, are Binance Polkadot definitively out of the Barca main sponsor picture? All indications suggest that is the case. While future partnerships with crypto firms haven't been completely ruled out, the prime shirt sponsorship is no longer on the table for them.
Stay tuned for further updates as Barcelona announces their final decision on who will grace the front of their iconic jersey. This developing story continues to be closely watched by sports and business fans alike.