On Dec. 14, Binance listed PSG and JUVE, two utility sports fan tokens associated with the Paris Saint-German (PSG) and Juventus (JUV) football clubs. After the listing occurred both tokens surged by 80% to 160% in the past 24 hours.
Created by Socios.com and Chiliz, sports fan tokens are utility tokens that allow fans to receive a tokenized share of club decisions.