New York, Sunday, September 01, 2024 – Cristiano Ronaldo has unveiled his fourth NFT collection in partnership with Binance, continuing to push the boundaries of digital innovation despite ongoing legal challenges.
The football icon’s latest collection is designed to commemorate key moments from his illustrious career, offering fans and collectors a chance to own a piece of his legacy through exclusive NFTs.
The new collection follows the success of Ronaldo’s previous NFT series, which garnered significant attention from both football enthusiasts and the broader NFT community.
The collaboration between Ronaldo and Binance highlights the growing intersection of sports and digital assets, a trend also seen in other initiatives like PSG’s NFT-based fan engagements during their Japan Tour.
However, Ronaldo’s NFT ventures are unfolding under a cloud of legal issues. In December 2023, he was hit with a $1 billion class-action lawsuit in the United States, accusing him of promoting unregistered securities through Binance.
The lawsuit alleges that Ronaldo misled investors, leading them to purchase NFTs that were deemed risky. The complexity of the case has been compounded by difficulties in serving Ronaldo, who is currently based in Saudi Arabia.
Despite these challenges, Ronaldo and Binance remain committed to their NFT initiatives, aiming to combine transparency with innovation. For fans and investors, the new collection presents both an exciting opportunity and a reminder of the potential risks associated with digital assets.
