March 10 – On the sidelines of the White House Crypto Summit, FIFA president Gianni Infantino has proposed the launch of a FIFA Coin.
Last Friday, US President Donald Trump established a task force for the 2026 World Cup, but Infantino also joined Trump at the White House Crypto Summit, a sign of the growing ties between the football official and the US president.
“FIFA is very, very interested under my presidency to develop the FIFA coin to do it from America and conquer the five billion soccer fans in the world,” said Infantino.
“So if there is anyone interested in teaming up with FIFA, we’ll conquer the world of soccer with the FIFA coin.”
The US President Donald Trump said: “That coin may be worth more than FIFA in the end.”
Following Infantino’s remarks, a coin named ‘FIFA COIN’ rose in value before plummeting spectacularly. The Street reported the token surged 142,000% hitting a market cap of $3 million after the remarks.
FIFA COIN however has no official affiliation to the world governing body. In the last 24 hours, the coin lost 92% of its value. FIFA’s media office failed to reply to a question over whether it will take action against a potential infringement of its IP by the makers of ‘FIFA COIN’.
It was the fourth time Infantino has met with Trump this year following the inauguration in Washington, the Super Bowl in New Orleans and the FII Priority Summit in Miami.
While the new US administration has among others abolished diversity programs, deported immigrant workers, begun an assault on ‘reforming’ the judicial process and concentrated power, Infantino has remained fully on board with Trump.
In hinting at the creation of a FIFA token, Infantino may embark on the road of promoting a highly speculative investment to fans around the world.
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