Lisbon, January 2025 – Portuguese fantasy football league company Realfevr, once valued at €45 million in 2022, is now on the market for just €2 million after filing for insolvency. The company, which gained prominence through football NFTs, is negotiating its integration into a gaming technology firm.
From Boom to Bust
Rising and Falling: Realfevr raised over €12 million between 2021-2022 from investors like ADvantage, Semapa Next, and professional footballers. However, the cooling NFT market and internal shareholder conflicts led to financial troubles.
Insolvency Proceedings: The company filed for bankruptcy in September 2025, clearing the way for a potential transaction without unanimous shareholder approval.
Future Prospects
Despite insolvency, Realfevr’s software and gaming technology remain valuable assets. Its intellectual property includes partnerships with Liga Portugal, Torino FC, and Beach Soccer Worldwide, along with a history of collaborations with major platforms like PlayStation.
Crypto Resurgence
The renewed interest in digital assets globally, driven by the rebound of cryptocurrencies like Bitcoin, has created opportunities for firms like Realfevr. Investors are looking beyond NFTs to broader blockchain applications in gaming and sports.
As the digital asset sector seeks to rebuild, Realfevr’s innovative gaming solutions could find new life under different ownership, signaling a shift toward sustainability and diversified applications in Web3 technologies.
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