Chiliz, a SportsFi firm, has met with the US Securities and Trade Fee (SEC) to debate an funding and reentry into the US crypto market beneath the crypto-friendly White House and elevated push for regulatory clarity surrounding digital assets.
According to 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) match. The comeback can be accompanied by a $50 million to $100 million funding within the native market. Nationwide Basketball Affiliation and Nationwide Soccer League groups are stated to be desirous 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, govt director of Trump’s Council of Advisors for Digital Property, suggesting a second assembly with White Home officers.
Based on the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be labeled as a safety.” Broadly, a safety is an funding whereby the investor expects a revenue because of the efforts of somebody apart from the investor.
Whether or not cryptocurrencies and associated belongings are securities has been a key issue 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 firms, has seen a major drop in exercise inside its ecosystem. DefiLlama information reveals 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 significantly effectively, both. According to CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The corporate is thought for its fan tokens, which permit fans 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 collection amid 2023 Club World Cup
Chiliz invested $80 million in partnerships throughout the US market in 2021, the doc reveals. Nevertheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” within the following 12 months.
The subsequent World Cup is predicted to happen in June 2026. America would be the foremost host of the match, whereas Canada and Mexico will act as auxiliary hosts.
Magazine: ‘Normie degens’ go all in on sports fan crypto tokens for the rewards
Chiliz, a SportsFi firm, has met with the US Securities and Trade Fee (SEC) to debate an funding and reentry into the US crypto market beneath the crypto-friendly White House and elevated push for regulatory clarity surrounding digital assets.
According to 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 can be accompanied by a $50 million to $100 million funding within the native market. NBA and NFL groups are allegedly desirous 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, govt director of Trump’s Council of Advisors for Digital Property, suggesting a second assembly with White Home officers.
Based on the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be labeled as a safety.” Broadly, a safety is an funding whereby the investor expects a revenue because of the efforts of somebody apart from the investor.
Whether or not cryptocurrencies and associated belongings are securities has been a key issue 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 firms, has seen a major drop in exercise inside its ecosystem. DefiLlama information reveals 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 significantly effectively both. According to CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The corporate is thought for its fan tokens, which permit fans 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 collection amid 2023 Club World Cup
Chiliz invested $80 million in partnerships throughout the US market in 2021, the doc reveals. Nevertheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” within the following 12 months.
The subsequent World Cup is predicted to happen in June 2026. America would be the foremost host of the match, whereas Canada and Mexico will act as auxiliary hosts.
Magazine: ‘Normie degens’ go all in on sports fan crypto tokens for the rewards
