Real-World Asset DeFi Moves Into Sports Finance With Tokenized Football Club Revenues

A new decentralized finance model (DeFi) is targeting a persistent problem that soccer clubs face: short-term liquidity gaps caused by uneven cash flows from media and commercial contracts. The Decentral protocol, hosted on the Chiliz blockchain, enables clubs and sports organizations to raise stablecoin liquidity by tokenizing future receivables, such as broadcasting rights, and using them as onchain collateral, according to an emailed announcement shared with CoinDesk on Monday. Investors supply capit ...