Chiliz, a SportsFi firm, has met with the United States Securities and Exchange Commission (SEC) to debate an funding and reentry into the US crypto market underneath 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. National Basketball Association and National Football League groups are mentioned to be fascinated with 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 Assets, suggesting a second assembly with White House officers.
According to the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be categorized 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 cryptocurrencies and associated property are securities has been a key issue within the regulation of Web3 inside the United States.
Related: 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 knowledge exhibits the protocols’ whole 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 nicely, both. According to CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The firm is understood for its fan tokens, which permit fanatics to personal the official cryptocurrencies of their favourite sports activities golf equipment.
The firm has made headway into the soccer market, partnering with Football Club Barcelona, Paris Saint-Germain, and Manchester City, amongst others.
Related: FIFA launches NFT collection amid 2023 Club World Cup
Chiliz invested $80 million in partnerships inside the US market in 2021, the doc exhibits. However, 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. The United States would be the essential 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 United States Securities and Exchange Commission (SEC) to debate an funding and reentry into the US crypto market underneath 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 fascinated with 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 Assets, suggesting a second assembly with White House officers.
According to the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be categorized 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 cryptocurrencies and associated property are securities has been a key issue within the regulation of Web3 inside the United States.
Related: 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 knowledge exhibits the protocols’ whole 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 nicely both. According to CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The firm is understood for its fan tokens, which permit fanatics to personal the official cryptocurrencies of their favourite sports activities golf equipment.
The firm has made headway into the soccer market, partnering with Football Club Barcelona, Paris Saint-Germain, and Manchester City, amongst others.
Related: FIFA launches NFT collection amid 2023 Club World Cup
Chiliz invested $80 million in partnerships inside the US market in 2021, the doc exhibits. However, 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. The United States would be the essential 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
