Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

FC BARI HAS AGREED TO BECOME THE FIRST ITALIAN CLUB TO JOIN THE LONDON FOOTBALL EXCHANGE
FC BARI HAS AGREED TO BECOME THE FIRST ITALIAN CLUB TO JOIN THE LONDON FOOTBALL EXCHANGE

Published : 7 years ago, on

FC Bari 1908 chairman Cosmo Giancaspro has today announced the intention of the Club to join the London Football Exchange in order to access the LFE Loyal Fan Engagement and equity  solutions allowing real fans access to the Club on an unprecedented level.

FC Bari 1908 has agreed (subject to contract) to become the first Italian club to join the London Football Exchange (LFE) in order to access the  LFE Fan Experience platform by trading football equity on the blockchain and giving thousands of ordinary fans a level of access that they have never seen before.

“We will be delighted to welcome FC Bari to the LFE. This clearly demonstrates the real life use case of how LFE platform can benefit both clubs’ funding options and fans’ involvement in the game. We applaud the forward-thinking senior management of this historic club who deserve a lot of credit for embracing this revolutionary new model of football finance and engagement,” said Charles Pittar, Corporate CEO at London Football Exchange.

The LFE Exchange will be the first ever football stock exchange that offers fans the chance to buy shares of football clubs built on blockchain. As well as being a one-stop shop for clubs of all sizes to raise capital via equity sales, it also offers LFE contributors a wealth of fan experiences and social interaction.

“We look forward to developing this relationship and being one of the first clubs in the world to take advantage of this revolutionary technology, considering that FC Bari is a club with a rich history, our fans are our life blood and we see this as a way to give back to them and reward their loyalty,” said Cosmo Antonio Giancaspro, Chairman of FC Bari 1908.

Sam Robinson, a partner at international law firm CMS, who advised LFE on their Initial Token Offering, said “Having worked with LFE to launch their platform, it’s extremely exciting to see football clubs starting to embrace the LFE model. I’m sure many more will follow FC Bari’s lead in recognising the opportunity that LFE can represent for clubs and for fans.”

The underlying technology of LFE is unique because it is the first application of blockchain to enable football fans to buy fan experiences and football club shares.

This is made possible because the LFE platform will be built on the Stellar and Ripple networks, which will support speeds of around 1500 transactions per second.

Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post