Barcelona Begins Process to End ZKP Crypto Sponsorship
The club acted after scrutiny of the Samoa-registered startup’s opaque ownership, including a new token promoted by Andrew Tate.
Overview
- Barcelona’s legal department has opened talks with Zero-Knowledge Proof to resolve the multi-year deal, with timing and outcome dependent on contract terms.
- The club previously disowned any connection to a ZKP token launched a day after the partnership announcement, saying it had no role in issuance, management, or use of the technology.
- ZKP is registered in Samoa and offers scant public information about its leadership or backers while claiming $100 million in funding, according to reporting cited by the Financial Times.
- The Financial Times described the tie-up as a product of Barcelona’s search for new funding and warned it could expose supporters to financial risk, noting ZKP’s low standing in the sector.
- Critics including former Barça director Xavier Vilajoana and author Martin Calladine demanded transparency and details of due diligence as ZKP’s profile on X jumped from a few dozen followers after the deal.