Chiliz, a SportsFi firm, has met with the US Securities and Change Fee (SEC) to debate an funding and reentry into the US crypto market underneath the crypto-friendly White Home and elevated push for regulatory readability surrounding digital belongings.
In line with the assembly request made public by the SEC, Chiliz plans a reentry into the US market across the time of the 2026 FIFA World Cup worldwide soccer (soccer) event. The comeback could be accompanied by a $50 million to $100 million funding within the native market. Nationwide Basketball Affiliation and Nationwide Soccer League groups are mentioned to be eager about launching fan tokens if regulatory readability improves.
The assembly with the federal company was held on April 22 — the identical day Chiliz CEO Alexandre Dreyfus shared a photograph with Bo Hines, government director of Trump’s Council of Advisors for Digital Property, suggesting a second assembly with White Home officers.
In line with the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be categorised as a safety.” Broadly, a safety is an funding whereby the investor expects a revenue as a result of efforts of somebody aside from the investor.
Whether or not cryptocurrencies and associated belongings are securities has been a key problem within the regulation of Web3 inside the US.
Associated: Chiliz’ Socios.com secures in-principle license approval in Malta
Chiliz ecosystem sees decrease TVL in 2025
Chiliz, regardless of its partnerships with soccer golf equipment, gaming groups, and racing corporations, has seen a major drop in exercise inside its ecosystem. DefiLlama information exhibits the protocols’ complete worth 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 properly, both. In line with CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The corporate is thought for its fan tokens, which permit fanatics to personal the official cryptocurrencies of their favourite sports activities golf equipment.
The corporate has made headway into the soccer market, partnering with Soccer Membership Barcelona, Paris Saint-Germain, and Manchester Metropolis, amongst others.
Associated: FIFA launches NFT assortment amid 2023 Membership World Cup
Chiliz invested $80 million in partnerships throughout the US market in 2021, the doc exhibits. Nevertheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” within the following yr.
The following World Cup is anticipated to happen in June 2026. America would be the primary host of the event, whereas Canada and Mexico will act as auxiliary hosts.
Journal: ‘Normie degens’ go all in on sports activities fan crypto tokens for the rewards
Chiliz, a SportsFi firm, has met with the US Securities and Change Fee (SEC) to debate an funding and reentry into the US crypto market underneath the crypto-friendly White Home and elevated push for regulatory readability surrounding digital belongings.
In line with the proposed assembly request made public by the SEC, Chiliz plans a reentry into the US market across the time of the 2026 FIFA World Cup. The comeback could be accompanied by a $50 million to $100 million funding within the native market. NBA and NFL groups are allegedly eager about launching fan tokens if regulatory readability improves.
The assembly with the federal company was held on April 22 — the identical day Chiliz CEO Alexandre Dreyfus shared a photograph with Bo Hines, government director of Trump’s Council of Advisors for Digital Property, suggesting a second assembly with White Home officers.
In line with the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be categorised as a safety.” Broadly, a safety is an funding whereby the investor expects a revenue as a result of efforts of somebody aside from the investor.
Whether or not cryptocurrencies and associated belongings are securities has been a key problem within the regulation of Web3 inside the US.
Associated: Chiliz’ Socios.com secures in-principle license approval in Malta
Chiliz ecosystem sees decrease TVL in 2025
Chiliz, regardless of its partnerships with soccer golf equipment, gaming groups, and racing corporations, has seen a major drop in exercise inside its ecosystem. DefiLlama information exhibits the protocols’ complete worth 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 properly both. In line with CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The corporate is thought for its fan tokens, which permit fanatics to personal the official cryptocurrencies of their favourite sports activities golf equipment.
The corporate has made headway into the soccer market, partnering with Soccer Membership Barcelona, Paris Saint-Germain, and Manchester Metropolis, amongst others.
Associated: FIFA launches NFT assortment amid 2023 Membership World Cup
Chiliz invested $80 million in partnerships throughout the US market in 2021, the doc exhibits. Nevertheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” within the following yr.
The following World Cup is anticipated to happen in June 2026. America would be the primary host of the event, whereas Canada and Mexico will act as auxiliary hosts.
Journal: ‘Normie degens’ go all in on sports activities fan crypto tokens for the rewards
