Blockchain sports firm Chiliz to expand in US with $50M investment
Chiliz is setting up a New York office following years of fan token experience in Europe. Major blockchain sports venture Chiliz is planning a $50 million expansion into the United States, CEO Alexandre Dreyfus announced Tuesday.Dreyfus told Cointelegraph that the firm is setting up an office in New York and will start working with local leagues and sports franchises.New York is the “headquarters for the sports industry in the U.S,” Dreyfus said, stressing that the new office will be critical for Chiliz's global expansion. In a Reuters interview, Dreyfus said that the company is preparing....
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Chicago-based high-frequency trading firm Jump Trading has made an equity investment in sports fan token platform Chiliz. Blockchain-based sports platform Chiliz has sealed an equity investment of an undisclosed amount from Chicago-based trading firm Jump Trading LCC. Jump Trading — a proprietary trading firm founded 20 years ago by Chicago futures pits veterans Bill DiSomma and Paul Gurinas — has been engaged for some time in the cryptocurrency space, alongside its wider activities in global futures, options and equities markets. The firm specializes in algorithmic and high-frequency....
The success of the AC Milan Fan Token launch and plans to expand to the United States support Chiliz's 1,000% rally over the past month. Nonfungible tokens (NFTs) and decentralized finance (DeFi) are two of the hottest concepts in the crypto sector, and each is altering the way projects and companies interact with the public on a wide scale. One project that is looking to apply these concepts into a framework for sports fan engagement is Chiliz, a blockchain platform created by the Socios fan engagement platform. The project is designed to allow fans to purchase branded Fan Tokens that let....
Chiliz $CHZ – the digital currency for sports and entertainment – has announced listings on the Bitcoin.com Exchange, HitBTC and Changelly platforms. Chiliz is the on-platform currency of fan engagement platform Socios.com, which is built on the Chiliz blockchain infrastructure. Socios.com allows sporting and entertainment organisations to....
Chiliz (CHZ) is a blockchain technology company that aims to tokenize the sports and entertainment space. CHZ displaying enormous traction and uptick despite a bearish market Chiliz partners with giant sports organizations and teams CHZ price spikes by 6.21% as of press time Chiliz has ramped up on major developments and partnerships with giant sports organizations and teams all over the world. According to CoinMarketCap, CHZ’s price has soared by 6.21% or trading at $0.2161 as of this writing. Related Reading: XRP Sluggish In Last 7 Days As Ripple Vs. SEC Case Drags On CHZ....
Chiliz has burst through to the limelight by helping entertainment and sports firms with blockchain-backed tools to allow them to monetize their viewership. The subscription is the access link through which fans obtain voting rights and early tickets. Also, the direct access fans have to their desired soccer teams is a function of Chiliz blockchain technology and token. Through the CHZ token, fans can easily access the Fan Tokens of their desired soccer teams. The CHZ token is the native digital currency of Chiliz. Fans purchase these tokens through a platform known as socios.com. Socios....