In September 2019, the Turkish soccer club, Galatasaray S.K announced its plans to launch a blockchain-based fan token, GAL, in early 2020.

Today, the CEO of Socios and Chiliz, Alexan Dreyfus announce on twitter that, the GAL fan token has been launched. He added that, the tokens can be bought with fiat or Chiliz coin (CHZ) on the Binance trading platform.

GAL was launched in partnership with the blockchain-based sports company, Socios, on the basis of the Chiliz platform that specialized in sports tokenization. Dreyfus calls the launch of GAL token on Binance a major milestone and a road to mainstream adoption. He claimed Galatasaray S.K is the first Turkish football team to launch its token.

Another twitter user, @rektzero, also tweeted about the launch of the GAL token and noted that the total GAL token supply is 10 million. He mentioned that the coin will start trading at Chiliz Exchange during the latter part of February.

Congrats to @GalatasaraySK to launch their token $GAL on the @socios platform by @Chiliz.

Only 10M tokens to grab! low supply, huge returns 🔥🌶

📌 End of February will start the trading at Chiliz Exchange!!! 🟧🟥



Sign up here 👇 https://t.co/P67uzv6SlZ pic.twitter.com/WZQDeqKDcE — Fede (@rektzero) February 4, 2020

However, Binance exchange has so far not published any information about adding the GAL token on its platform.