Chiliz, a SportsFi agency, has met with the US Securities and Change Payment (SEC) to debate an funding and reentry into the US crypto market beneath the crypto-friendly White Residence and elevated push for regulatory readability surrounding digital belongings.
According to the meeting request made public by the SEC, Chiliz plans a reentry into the US market throughout the time of the 2026 FIFA World Cup worldwide soccer (soccer) occasion. The comeback could possibly be accompanied by a $50 million to $100 million funding throughout the native market. Nationwide Basketball Affiliation and Nationwide Soccer League teams are talked about to be keen about launching fan tokens if regulatory readability improves.
The meeting with the federal firm was held on April 22 — the an identical day Chiliz CEO Alexandre Dreyfus shared {a photograph} with Bo Hines, authorities director of Trump’s Council of Advisors for Digital Property, suggesting a second meeting with White Residence officers.
According to the meeting doc, Chiliz talked about the proposed development of a fan token and why “it shouldn’t be categorised as a security.” Broadly, a security is an funding whereby the investor expects a income on account of efforts of any person apart from the investor.
Whether or not or not cryptocurrencies and related belongings are securities has been a key downside throughout the regulation of Web3 contained in the US.
Related: Chiliz’ Socios.com secures in-principle license approval in Malta
Chiliz ecosystem sees lower TVL in 2025
Chiliz, no matter its partnerships with soccer golf gear, gaming teams, and racing companies, has seen a serious drop in train inside its ecosystem. DefiLlama info reveals the protocols’ full value locked has fallen from $17.8 million on Dec. 9, 2024, to $6.5 million on April 22, 2025, marking a 63.5% drop.
Its governance token hasn’t fared notably correctly, each. According to CoinMarketCap, the Chiliz (CHZ) token worth has declined 67% over the earlier 12 months. The company is believed for its fan tokens, which allow fanatics to non-public the official cryptocurrencies of their favorite sports activities actions golf gear.
The company has made headway into the soccer market, partnering with Soccer Membership Barcelona, Paris Saint-Germain, and Manchester Metropolis, amongst others.
Related: FIFA launches NFT assortment amid 2023 Membership World Cup
Chiliz invested $80 million in partnerships all through the US market in 2021, the doc reveals. Nonetheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” throughout the following yr.
The next World Cup is anticipated to occur in June 2026. America could be the first host of the occasion, whereas Canada and Mexico will act as auxiliary hosts.
Journal: ‘Normie degens’ go all in on sports activities actions fan crypto tokens for the rewards
Chiliz, a SportsFi agency, has met with the US Securities and Change Payment (SEC) to debate an funding and reentry into the US crypto market beneath the crypto-friendly White Residence and elevated push for regulatory readability surrounding digital belongings.
According to the proposed meeting request made public by the SEC, Chiliz plans a reentry into the US market throughout the time of the 2026 FIFA World Cup. The comeback could possibly be accompanied by a $50 million to $100 million funding throughout the native market. NBA and NFL teams are allegedly keen about launching fan tokens if regulatory readability improves.
The meeting with the federal firm was held on April 22 — the an identical day Chiliz CEO Alexandre Dreyfus shared {a photograph} with Bo Hines, authorities director of Trump’s Council of Advisors for Digital Property, suggesting a second meeting with White Residence officers.
According to the meeting doc, Chiliz talked about the proposed development of a fan token and why “it shouldn’t be categorised as a security.” Broadly, a security is an funding whereby the investor expects a income on account of efforts of any person apart from the investor.
Whether or not or not cryptocurrencies and related belongings are securities has been a key downside throughout the regulation of Web3 contained in the US.
Related: Chiliz’ Socios.com secures in-principle license approval in Malta
Chiliz ecosystem sees lower TVL in 2025
Chiliz, no matter its partnerships with soccer golf gear, gaming teams, and racing companies, has seen a serious drop in train inside its ecosystem. DefiLlama info reveals the protocols’ full value locked has fallen from $17.8 million on Dec. 9, 2024, to $6.5 million on April 22, 2025, marking a 63.5% drop.
Its governance token hasn’t fared notably correctly each. According to CoinMarketCap, the Chiliz (CHZ) token worth has declined 67% over the earlier 12 months. The company is believed for its fan tokens, which allow fanatics to non-public the official cryptocurrencies of their favorite sports activities actions golf gear.
The company has made headway into the soccer market, partnering with Soccer Membership Barcelona, Paris Saint-Germain, and Manchester Metropolis, amongst others.
Related: FIFA launches NFT assortment amid 2023 Membership World Cup
Chiliz invested $80 million in partnerships all through the US market in 2021, the doc reveals. Nonetheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” throughout the following yr.
The next World Cup is anticipated to occur in June 2026. America could be the first host of the occasion, whereas Canada and Mexico will act as auxiliary hosts.
Journal: ‘Normie degens’ go all in on sports activities actions fan crypto tokens for the rewards
