Paper Rex has once again cemented its place at the top of global esports, delivering a historic performance at Valorant Masters Santiago 2026.

The Singapore-headquartered organization finished as runners-up at the international tournament, extending an unprecedented streak of consistency while achieving a major financial milestone that only one other team in history has reached.

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Held in Santiago, Chile on March 15, 2026, Valorant Masters Santiago saw PRX secure second place after losing 3-0 to South Korea’s Nongshim RedForce in the Grand Final at Espacio Riesco Convention and Events Center.

The result earned the team US$200,000 in prize money, further boosting their already impressive international track record.

Paper Rex becomes a defining moment for VCT history

Paper Rex Jinggg arrives at the venue for the Master Santiago Grand Finals held at Espacio Riesco on March 15, 2026 in Santiago, Chile
Credit: Riot Games

With this finish, Paper Rex officially crossed US$2 million in all-time VCT prize earnings, becoming only the second team in the history of the Valorant Champions Tour to do so—just behind Fnatic.

This milestone also makes them the first Singapore-based esports organization to surpass the US$2 million mark, reinforcing their status as a global powerhouse.

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Record-breaking consistency on the world stage

Beyond prize money, PRX continues to set records that highlight their dominance in competitive Valorant:

  • 8 consecutive top-four finishes at international VCT events — a world record
  • Top-four placement at every international tournament entered since 2022
  • 4 Grand Finals appearances, second only to Fnatic’s five
d4v41 of Paper Rex is seen on stage during VALORANT Masters Santiago Grand Finals held at Espacio Riesco on March 15, 2026 in Santiago, Chile
Credit: Riot Games

No other team in the five-year history of the VCT has matched this level of sustained excellence on the international stage.

Harley “dsn” Örvall, Chief Gaming Officer of Paper Rex, acknowledged the result while emphasizing the team’s bigger achievements: “No team sets out to finish second. But Paper Rex have now reached the world championship final four times, qualified for 12 out of 13 international events, and never once failed to be among the last teams standing.”

Head Coach Alexandre “alecks” Sallé added that the team’s journey is far from over. “This result is a chapter, not a conclusion. We will take what we’ve learned, work even harder, and come back stronger,” he said.

What’s next for Paper Rex

Following their Masters Santiago run, Paper Rex will take a short break before returning to competition in the VCT Pacific League Stage 2 in Seoul.

(L-R) f0rsaken, Jinggg, invy, something, d4v41, Coach alecks, and Wendler of Paper Rex speak at a press conference during VALORANT Masters Santiago Grand Finals held at Espacio Riesco on March 15, 2026 in Santiago, Chile
Credit: Riot Games

The team is also aiming to qualify for the Esports World Cup (EWC) in Riyadh and Valorant Champions 2026 in Shanghai.

With their track record, Paper Rex remains one of the strongest contenders to finally secure the world championship title that has so far eluded them.

About Masters Santiago

Masters Santiago 2026, part of the official Valorant Champions Tour, brought together 12 of the world’s top teams from the Americas, EMEA, Asia-Pacific, and China for a 15-day global showdown.

Broadcast live on platforms like YouTube and Twitch, the tournament reached a peak of 883,000 concurrent viewers and amassed over 27.5 million hours watched worldwide—figures that rival, and in some cases surpass, the audiences of major international sporting events, underscoring the continued rise of competitive Valorant on the global stage.