Brazil's 2-1 loss to Norway has extended the massive global audience for the 2026 FIFA World Cup, a key asset for official crypto sponsor Kraken.
The dramatic match saw Norway's Erling Haaland score twice, ending Brazil's campaign. A defining image captured coach Carlo Ancelotti consoling star player Vinicius Junior after the final whistle.
Kraken secured the title of Official Crypto Exchange Supporter, marking FIFA's first partnership with a crypto platform. This positions the exchange before a billion-dollar global audience.
The tournament has also seen a surge in unauthorized meme coins and NFTs using player names, none of which are endorsed by the athletes or their clubs.
For investors, such sponsorships can drive retail sign-ups but also attract heightened regulatory scrutiny. Several jurisdictions are already tightening rules around crypto advertising in sports.