All three 2026 World Cup co-hosts eliminated, fan tokens feel the heat

For the first time in World Cup history, three nations co-hosted the planet’s biggest sporting event. None of them made it past the round of 16.

Canada, Mexico, and the United States have all been knocked out of the 2026 FIFA World Cup. The host nations are gone, and the bracket moves on without them.

Canada went first, falling 3-0 to Morocco. Mexico followed, losing 3-2 to England. The United States then completed the sweep, eliminating the final co-host from contention.

A historic tournament with a historically awkward subplot

The 2026 World Cup was already a landmark event before a single ball was kicked. It is the first edition to feature 48 teams, up from the previous 32-team format, and the first ever shared across three countries simultaneously.

The round of 16 has produced several high-profile results in early July 2026, and the co-host sweep is the headline that cuts across all of them. The volatility in match outcomes reflects exactly what tournament organizers warned about when expanding to 48 teams: more participants means more upsets.

Where crypto enters the picture

Kraken was announced as the Official Crypto Exchange Supporter of the 2026 World Cup on June 9, 2026. The exchange secured a presence across all 16 host cities, positioning itself as the primary crypto brand associated with the tournament’s commercial infrastructure.

Fan tokens react to tournament results in real time

Platforms like Chiliz, which powers fan tokens for major soccer clubs and national teams, have seen significant price volatility during the knockout stages. When a team wins, token prices tend to spike as optimism flows in. When a team loses, holders tend to sell, and prices drop quickly.

Argentina and Brazil, two of the sport’s most followed nations, remain in the conversation. Their fan tokens are expected to see significant price reactions based on continued performance. In the absence of North American host teams, attention and trading volume will likely consolidate around the traditional soccer powerhouses still in the draw.

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