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France NFTs 'first of many' national team launches by Sorare

The company has grown quickly through club-based tokens but is now expanding offerings during Euro 2020

The football Non-Fungible Token (NFT) creator Sorare has announced a licensing agreement with the France Football Federation to release national team digital trading cards through its platform.

Up until now, Sorare has stuck with club-based cards to be bought and sold through cyptocurrency, as well as used in fantasy football games for cash prizes. This move, the company said, is the "first of many" that can expand its reach into new fan bases.

Sorare also offered an update on the number of users on its platform, claiming a 90,000 monthly active user base spread over 140 countries with more than $70 million in card sales since the start of the year.