Spain burns 1.16M fan tokens after World Cup quarter-final win, leading the tournament's token burn leaderboard.

Spain permanently removed 1.16 million SPAIN Fan Tokens from circulation following their World Cup quarter-final victory over Belgium, as part of Chiliz's Burn to Glory campaign. This burn, worth about $649,050, brings Spain's total token burn to nearly 3 million, the highest in the tournament. The campaign ties token burns to team success, with more burns expected if Spain wins the semi-final against France. Chiliz and LBank are also expanding fan token trading with new futures products and live competitions, while Chiliz plans to launch college sports fan tokens in the US for the 2026 season.