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Ex-Real Madrid player joins club in deal financed by Cryptocurrency

In what is thought to be a first in football, DUX Internacional de Madrid, have announced the signing of David Barral, a deal financed through Cryptocurrency.

Ex-Real Madrid player joins club in deal financed by Cryptocurrency

The deal comes after club sponsor Criptan, a cryptocurrency trading company, facilitated the acquisition for the Segunda B side.


Cryptocurrency, or bitcoin as it is widely known as, is the digital or virtual currency that uses peer-to-peer technology to facilitate instant payments.


It remains unclear how much the club, who are a part of DUX Gaming - the esports club owned by Thibaut Courtois and Borja Iglesias, paid for the 37-year-old, who boasts a career at Real Madrid, Granada, Cádiz, Levante and Sporting.


Internacional welcomed the forward on their twitter, stating: "David Barral new player of DUX Internacional de Madrid, welcome to the infinite club! He becomes the first signing in history in cryptocurrencies. Thanks to Criptan, our new sponsor, for making it possible."


Cryptocurrency manoeuvring into sport has also been seen elsewhere, after Carolina Panthers offensive tackle Russell Okung became the first high-profile athlete in the United States to be paid in bitcoin.


Okung will receive half of his wages paid in cryptocurrency and has encouraged other athletes to do the same.


"Money is more than currency; it's power," said Okung in a statement. "The way money is handled from creation to dissemination is part of that power. Getting paid in bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit."




Author: Jake Wilkin