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The Juventus superstar was formally presented with the tokens prior to Sunday's Serie A clash with Benevento.
Per Marca, fan tokens allow supporters to interact with the club and make a number of decisions through an app named Socios.
Cryptocurrency is currently making strides in football and 24 elite teams have started to use crypto tokens.
Among those are Barcelona, Atletico Madrid and Paris Saint-Germain with Manchester City being the most recent adopters.
Socios claims you can become part of a 'community of superfans' when signing up to the app and receive regular updates about the club's future.
Despite the celebration, it wasn't a good afternoon for Ronaldo and Juventus as they slipped to a shock 1-0 defeat.
Adolfo Gaich's second half effort condemned Juve to their fourth defeat of the season and they now sit third in Serie A.
They're ten points behind leaders Inter Milan and it means their run of nine Scudettos in a row is coming to a close.
Manager Andrea Pirlo remains optimistic however and thinks supporters shouldn't lose belief.
"We must continue believing, continue our path so that we are up there. As I said yesterday, the objective does not change, but we do need a completely different attitude to this. We wear an important jersey and must honour it every time," Pirlo told Sky Sport Italia.
"There was no pressure, just the expectation to do better than this. Instead, it was a bad day in every respect, with our attitude, technical errors, everything. When you play like this, you can well lose.
This was what Provoked the Benevento Players the goal keeper most especially was completely angry. pic.twitter.com/zTZ4lI7F71- Fat Koeman :hamburger::hamburger: (@ultimate_kombo) March 21, 2021
"We were eager to win the game, but also knew it would be a difficult match, as Benevento are well-organised with two tight lines, so we had to be calm and spread them out.
"Instead, we were frenetic, made lots of mistakes and unfortunately were unable to get the result we wanted."
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