Socios enters Russian market with Spartak Moscow deal

Aleksandr Sobolev of Spartak Moscow is closed down by Caglar Soyuncu of Leicester City (Photo by Laurence Griffiths/Getty Images)

Russian football club Spartak Moscow is to launch an official fan token on the Socios.com platform through an agreement with blockchain provider Chiliz.

Spartak is the first Russian club to launch fan tokens, which are digital assets that also give supporters new ways to engage with their team.

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