FIFA and Avalanche Team Up to Build L1 Blockchain – AVAX Up by Over 11%
Key Points
- The FIFA Blockchain is built as a new L1 on Avalanche.
- Following the announcement, AVAX price spiked on May 22.
FIFA, the Fédération Internationale de Football Association, is teaming up with Avalanche (AVAX) to build an L1 blockchain.
Avalanche is an L1 blockchain functioning as a platform for Dapps and customer blockchain networks.
Avalanche made the official announcement via its X account on May 22.
Rumors are true. The FIFA Blockchain is built as a new layer 1 on Avalanche. @FIFAcom ‘s custom L1 will unlock digital collectibles, global experiences and much more for billions of fans ⚽️ pic.twitter.com/b8HKDvrD8s
— Avalanche🔺 (@avax) May 22, 2025
Following the announcement, the AVAX token price spiked.
FIFA Blockchain – A New L1 on Avalanche
In its official announcement via X, Avalanche revealed that FIFA’s custom L1 will unlock:
- Digital collectibles
- Global experiences
The FIFA Blockchain will unlock a vast new experience for billions of fans.
The team behind Avalanche also noted that FIFA is not just dabbling in Web3, but it’s going all in with a customer Avalanche L1 to unify its digital strategy across collectibles, ticketing, and more.
The new blockchain will be:
- Built for scaling
- Ready for matchday surges and global moments
The team also revealed that first, FIFA Collect will migrate to Avalanche. FIFA Collect is the home of collectibles featuring iconic moments in the nearly 10-decade FIFA history.
What’s Next?
Avalanche announced that this is just the start, and FIFA’s blockchain represents a template for global sports and will be:
- Scalable
- Verifiable
- Designed to engage billions
The team behind Avalanche concluded its announcement by saying that football’s digital future is no longer a concept, but it has become live.
It’s also worth noting that FIFA had previously teamed up with the Algorand blockchain in 2022 ahead of the Qatar World Cup.
Following the May 22 FIFA partnership announcement, AVAX price spiked.
AVAX Price Surges
At the moment of writing this article, AVAX is trading above $24,9 and the digital asset has a market cap of over $10,5 billion. AVAX is up by 11% in the past 24 hours.
AVAX price in USD todayFollowing the partnership announcement, AVAX price spiked by 2%.
AVAX continues to surge amidst a globally optimistic market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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