South Korea's World Cup Win Ignites Crypto Frenzy

The 2026 FIFA World Cup has kicked off in Guadalajara, Mexico, and South Korea is making headlines with its comeback victory over Czech Republic in Group A. The team won 2-1, with Hwang In-Beom equalizing in the 67th minute and Oh Hyeon-Gyu sealing the win in the 80th.

Crypto enthusiasts have been eagerly watching the tournament, as several blockchain-based companies are involved in various capacities. Kraken became FIFA's Official Crypto Exchange Supporter just days before the tournament, while Chiliz is running a token burn program that ties token destruction to national team victories. The program allows up to 10% of treasury holdings to be burned per win for participating teams.

Avalanche is powering FIFA's digital collectibles program, providing the infrastructure behind officially licensed World Cup NFTs and digital memorabilia. Chainlink is also in the mix, providing oracle services for an official prediction market being used during the tournament.