Gali Mohalla Cricket League (GMCL) announces Rs 900cr tokenisation issue, marking first major blockchain financing for an int'l cricket league
Mar 10, 2026
Dubai [UAE], March 10: GMCL has just announced the launch of a Rs 900 Crore ($100 million) blockchain-based tokenisation issue, positioning it as one of the first large-scale digital asset offerings linked to a professional international cricket league. Baba Inder Preet Singh, founder GMCL said that "The offering will create a tokenised investment structure designed to provide exposure to the league's commercial ecosystem, including broadcast rights, sponsorship revenues, franchise participation, licensing, and digital fan engagement platforms.GMCL plans to engage institutional investors, digital asset funds, family offices, and strategic partners as part of the global issuance process."