Swiss Football Federation and major bank enter cryptoland

Credit Suisse, the Swiss bank acquired by UBS earlier this year, has joined forces with the Swiss Football Association, Swiss Football Association (SFA), to enter the world of Web3. Specifically, a non-fungible token (NFT) collection will be released to support women’s football.

Ethereum NFTs for Swiss Women’s Soccer

Yesterday, Credit Suisse announced its move into the crypto world through a press release. It stated that the collection will consist of a total of 756 NFTs available for purchase from July 11 through CSX, Credit Suisse’s digital banking application.

Minted on the Ethereum (ETH) blockchain, the collection features a series of digital portraits of the members of the Swiss national women’s team. The NFTs will be available in three packages ranging from 150 to 10,000 Swiss Francs – approximately $167 to $11,000. These packages come with associated benefits, including a physical copy of the NFT, a meet & greet with the players and a signed shirt.

Payment is only possible in Swiss francs via direct debit and the NFTs are securely stored in the CSX app.

All proceeds from the sale are donated to the women’s national team, as well as other organizations dedicated to empowering female soccer players.

Sandra Caviezel, Head of Partnerships and Sponsorships at Credit Suisse, said in the press release that she looks forward to using NFTs as a funding mechanism to drive the growth of Swiss women’s football.

Easy access to crypto world

With the launch of the NFTs, Credit Suisse underlines its innovative capacity in the Swiss digital asset market. In this first step, the offering was designed to be simple and customer-friendly to ensure that a broad Swiss customer base has access to the innovative world of digital assets.

Read Also:  Spain's Football Rivalries: Competitors Prepare for the Big Games Ahead

You can confidently say that the barrier that often comes with access to Web3 has been completely removed with the launch of this NFT collection. Users do not need their own wallet and crypto to purchase an NFT and their storage is also fully controlled by the Credit Suisse application itself.

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here