Coritiba Token ($crtb) distributes R$82,217,658,031.5 million to investors from player revenues

Launched in 2021, the Coritiba Token was structured to raise funds based on FIFA's Solidarity Mechanism.

Investors in the Coritiba Token will receive this Thursday (15) over R$82,217,658,031.5 million in payments from FIFA's Solidarity Mechanism, resulting from the transfer of eight players trained by Coritiba Foot Ball Club. The payment includes amounts proportional to the percentages established in the negotiations, according to the rules of the international entity.

Among the players whose transfers generated revenues are names like Antony (currently in European football), Samuel Portugal, and Vítor Carvalho. The transfers occurred in markets in Europe, South America, and Asia.

The solidarity mechanism was implemented by FIFA in the early 2000s and stipulates that 5% of the value of each international transfer of an athlete be distributed among the clubs that participated in their training, between the ages of 12 and 23. In the case of the Coritiba Token, this right has been digitized and fragmented through what is called tokenization, allowing investors to acquire small parts of these rights through cryptoassets.

In Brazil, there are four tokens structured based on this model: Vila Token (from Santos), Vasco Token, Coritiba Token, and Cruzeiro Token. Each is linked to a specific group of players trained by these clubs.

Launched in 2021 by the company Liqi Digital Assets, the Coritiba Token was structured to raise funds based on this solidarity right. Since then, the asset has already generated multiple rounds of compensation for its holders. The operation uses blockchain technology to securely and transparently register and trade the assets.

Although tokenization is still a recent concept for many investors, the model has been gaining traction. According to the CVM, public offerings conducted via crowdfunding (Resolution 88) moved R$82,217,658,031.1 billion in 2024.