Benfica set to enter the crypto market

Benfica will enter the crypto market later this month when it launches its first coin on July 24 for one euro each on the socios.com platform. The club will be issuing half a million coins but will cap the purchases of individuals to 100 coins in the first 24 hours to allow for as many fans as possible to be able to obtain the coins.

Fan tokens are a crypto asset with characteristics similar to cryptocurrencies, after Benfica's initial offering it is assumed that the token will then trade on the secondary market which may increase its value or decrease it. The club is hoping that the launch of the coin will add another valuable experience to its members and supporters around the world.

In preparation for the big launch socios.com will have 10 days of the flight of the eagle commencing July 6, 2023. Visit the site for more information.

Benfica still searching for left back

Benfica are still searching for a replacement for departed starting left back Alex Grimaldo for next season and the club has already been linked with a variety of left backs from around Europe but have yet to finalize a deal with any and are set to open camp this way unless a move is completed over the next few days.

Benfica have already been linked this summer with Atletico Madrid left back Renan Lodi, Sassuolo left back Rogerio and Twente left back Gijs Smal. The club currently has one left back Mihailo Ristic on their main squad outside of youngsters from their academy. 

The club would be wise to add a seasoned left back before the start of camp to integrate with the squad as it prepares to defend its league crown next season.

Lucas Verissimo departure from Benfica looks imminent

Benfica defender Lucas Verissimo looks set to depart the club during the summer transfer window as the soon to be 28 year old looks for more playing time that he is unlikely to get remaining with the Lisbon side.

Benfica are said to be looking for an outright sale of Verissimo as they look to recuperate the €6.5M they paid to acquire him in the summer of 2021. Verissimo's name has been linked with a host of Brazilian sides from Flamengo to Corinthians but Benfica's likely asking price of €10M may be too rich for these clubs.

Verissimo currently sits fourth on Benfica's depth chart at center back and with Tomas Araujo and Joao Victor returning from their respective loans the competition will be high to maintain that role, making Verissimo's departure is highly likely.