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FC Barcelona Slammed Over $22 Million Deal with Zero-Knowledge Proof

Key Takeaways

  • ​FC Barcelona faces criticism for a $22 million sponsorship with Samoan crypto firm ZKP, a company with a limited public background;
  • Former board member Xavier Vilajoana called the deal "desperate" by citing ZKP’s low online presence and unclear origins;
  • ​Barcelona stated it has no involvement with ZKP’s token or technology and only engaged in a sponsorship agreement.

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FC Barcelona Slammed Over $22 Million Deal with Zero-Knowledge Proof

FC Barcelona is facing scrutiny after announcing a $22 million sponsorship agreement over three years with Zero-Knowledge Proof (ZKP), a cryptocurrency company based in Samoa.

The firm, which is relatively new to the market, has become the center of attention following questions about its legitimacy and background.

Former club board member Xavier Vilajoana described the partnership to the Financial Times as a reflection of financial "desperation".

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He pointed to several “red flags” surrounding the company. He later posted on X that ZKP’s account had just 33 followers when the partnership was revealed.

Information about ZKP remains limited. The company appears to have started its social media presence and released its white paper in November. Its website offers few details about ownership or funding sources but claims the business operates under Samoan law.

The Financial Times noted that it could not verify public details for some members of ZKP’s leadership team, including Jeff Wilck, who is listed as head of blockchain on the company’s website.

In response, FC Barcelona issued a statement clarifying its position. The club emphasized that it "has no connection whatsoever with the company’s token", and that discussions about a potential token did not occur during sponsorship negotiations.

The statement further noted that the club is not responsible for or involved in the token’s creation, sale, or technology.

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Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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