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UFC to capitalize on cryptocurrency boom with new partnerships and ‘fan tokens’

The UFC continues to dip its toes into the booming cryptocurrency market.

The MMA organization has partnered with Chiliz, a leading digital currency and blockchain provider for sports and entertainment industries, and announced plans to launch a $UFC Fan Token fan engagement & rewards platform Socios.com. The UFC would be the latest of 26 major sports properties to partner with Chiliz, including European football giants FC Barcelona, Paris Saint-Germain, AC Milan, and Manchester City.

“We are continually looking for ways to increase engagement with our fans,” said Tracey Bleczinski, Senior Vice President, UFC Global Consumer Products.