Portugal beat Croatia 2-1 in the FIFA World Cup 2026 Round of 32 on July 2, and the fallout landed in two very different places: the referee’s inbox and the Chiliz blockchain. Gonçalo Ramos scored the winner in the 90+3 minute after a VAR ruling disallowed a late Croatian equalizer, a sequence of events that sent Portugal’s fan token ($POR) soaring in trading volume while Croatian token holders rushed for the exits.
Zlatan Ibrahimovic called the officiating what he saw it as. “It was a robbery,” the former striker said, accusing officials of bias that favored Portugal.
Fan tokens move in real time with match results
After Portugal’s victory at BMO Field in Toronto, the Portugal National Team Fan Token ($POR) saw a meaningful spike in trading volume on the Chiliz blockchain. At the same time, Croatian fan token holders faced significant sell pressure as their team’s World Cup run came to an abrupt end.
Chiliz, the blockchain that powers most major fan tokens, carried an approximate market cap of $352 million heading into the match in late June 2026. Fan tokens let holders vote in club polls and access exclusive rewards, but trading volume spikes after a 93rd-minute winner tell the real story of why these assets move.
