A World Cup quarterfinal is usually about which goalkeeper blinks first. This time, traders are watching a different kind of scoreboard. Spain and Belgium face off at SoFi Stadium in Los Angeles on July 10, and the match has quietly become the highest-profile stress test yet for crypto fan tokens tied to national teams.
Spain’s National Team Fan Token, known as SNFT, has climbed roughly 54% during the knockout stages. Belgium’s $BELG token posted a more modest but still notable gain of around 16%. Both tokens run on the Chiliz blockchain via Socios.com, and both are about to discover what happens when one team’s tournament ends in 90 minutes.
How a soccer match became a crypto trading event
The backstory here starts with Kraken. On June 9, 2026, the exchange became FIFA’s first Official Crypto Exchange Supporter, a partnership aimed at fan engagement and education across North American and European markets. Spain’s SNFT launched on June 16, 2026, timed perfectly to ride the wave of national team enthusiasm into the group stage and beyond.
Fan tokens let holders vote on minor club decisions, access exclusive content, and generally feel like they have skin in the game. The Chiliz blockchain, which powers the Socios.com platform, also runs a burn program that reduces the supply of tokens following national team victories. So every time Spain or Belgium wins, the circulating supply shrinks.
