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FIFA’s Onchain Ticket Experiment Hits the NYSE, One Day After the World Cup Final
FIFA's blockchain ticketing experiment, utilizing Ava Labs' Avalanche technology, was showcased at the New York Stock Exchange shortly after the World Cup final. The system issued over 100,000 'Right-to-Buy' tokens, processing more than $25 million in transactions, with resale value flowing back to FIFA. This innovative approach to ticketing is currently under examination by regulators in Switzerland, New York, and New Jersey.
Animoca Brands Teams Up with Ava Labs
Animoca Brands has partnered with Ava Labs, investing in the AVAX token to accelerate blockchain adoption, particularly in Asia and the Middle East. This collaboration aims to drive innovation in digital identity, real-world asset tokenization, and entertainment by combining Animoca's ecosystem with Ava Labs' technological capabilities. Developers will benefit from advisory support, access to Animoca's network, and technical resources from Ava Labs.
