3 months ago
Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to sermon an concern and reentry into the US crypto marketplace nether the crypto-friendly White House and accrued propulsion for regulatory clarity surrounding integer assets.
According to the gathering petition made nationalist by the SEC, Chiliz plans a reentry into the US marketplace astir the clip of the 2026 FIFA World Cup planetary shot (soccer) tournament. The comeback would beryllium accompanied by a $50 cardinal to $100 cardinal concern successful the section market. National Basketball Association and National Football League teams are said to beryllium funny successful launching instrumentality tokens if regulatory clarity improves.
The gathering with the national bureau was held connected April 22 — the aforesaid time Chiliz CEO Alexandre Dreyfus shared a photograph with Bo Hines, enforcement manager of Trump’s Council of Advisors for Digital Assets, suggesting a 2nd gathering with White House officials.
Source: Alexandre DreyfusAccording to the gathering document, Chiliz discussed the projected operation of a instrumentality token and wherefore “it should not beryllium classified arsenic a security.” Broadly, a information is an concern wherein the capitalist expects a nett owed to the efforts of idiosyncratic different than the investor.
Whether cryptocurrencies and related assets are securities has been a cardinal issue successful the regularisation of Web3 wrong the United States.
Related: Chiliz’ Socios.com secures in-principle licence support successful Malta
Chiliz ecosystem sees little TVL successful 2025
Chiliz, contempt its partnerships with shot clubs, gaming teams, and racing companies, has seen a important driblet successful enactment wrong its ecosystem. DefiLlama information shows the protocols’ full worth locked has fallen from $17.8 cardinal connected Dec. 9, 2024, to $6.5 cardinal connected April 22, 2025, marking a 63.5% drop.
Chiliz TVL. Source: DefiLlamaIts governance token hasn’t fared peculiarly well, either. According to CoinMarketCap, the Chiliz (CHZ) token terms has declined 67% implicit the past 12 months. The institution is known for its instrumentality tokens, which let enthusiasts to ain the authoritative cryptocurrencies of their favourite sports clubs.
The institution has made headway into the shot market, partnering with Football Club Barcelona, Paris Saint-Germain, and Manchester City, among others.
Related: FIFA launches NFT postulation amid 2023 Club World Cup
Chiliz invested $80 cardinal successful partnerships wrong the US marketplace successful 2021, the papers shows. However, regulatory uncertainty and the fallout from FTX’s illness led to a “strategic exit” successful the pursuing year.
The adjacent World Cup is expected to instrumentality spot successful June 2026. The United States volition beryllium the main big of the tournament, portion Canada and Mexico volition enactment arsenic auxiliary hosts.
Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to sermon an concern and reentry into the US crypto marketplace nether the crypto-friendly White House and accrued propulsion for regulatory clarity surrounding integer assets.
According to the projected gathering petition made nationalist by the SEC, Chiliz plans a reentry into the US marketplace astir the clip of the 2026 FIFA World Cup. The comeback would beryllium accompanied by a $50 cardinal to $100 cardinal concern successful the section market. NBA and NFL teams are allegedly funny successful launching instrumentality tokens if regulatory clarity improves.
The gathering with the national bureau was held connected April 22 — the aforesaid time Chiliz CEO Alexandre Dreyfus shared a photograph with Bo Hines, enforcement manager of Trump’s Council of Advisors for Digital Assets, suggesting a 2nd gathering with White House officials.
Source: Alexandre DreyfusAccording to the gathering document, Chiliz discussed the projected operation of a instrumentality token and wherefore “it should not beryllium classified arsenic a security.” Broadly, a information is an concern wherein the capitalist expects a nett owed to the efforts of idiosyncratic different than the investor.
Whether cryptocurrencies and related assets are securities has been a cardinal issue successful the regularisation of Web3 wrong the United States.
Related: Chiliz’ Socios.com secures in-principle licence support successful Malta
Chiliz ecosystem sees little TVL successful 2025
Chiliz, contempt its partnerships with shot clubs, gaming teams, and racing companies, has seen a important driblet successful enactment wrong its ecosystem. DefiLlama information shows the protocols’ full worth locked has fallen from $17.8 cardinal connected Dec. 9, 2024, to $6.5 cardinal connected April 22, 2025, marking a 63.5% drop.
Chiliz TVL. Source: DefiLlamaIts governance token hasn’t fared peculiarly good either. According to CoinMarketCap, the Chiliz (CHZ) token terms has declined 67% implicit the past 12 months. The institution is known for its instrumentality tokens, which let enthusiasts to ain the authoritative cryptocurrencies of their favourite sports clubs.
The institution has made headway into the shot market, partnering with Football Club Barcelona, Paris Saint-Germain, and Manchester City, among others.
Related: FIFA launches NFT postulation amid 2023 Club World Cup
Chiliz invested $80 cardinal successful partnerships wrong the US marketplace successful 2021, the papers shows. However, regulatory uncertainty and the fallout from FTX’s illness led to a “strategic exit” successful the pursuing year.
The adjacent World Cup is expected to instrumentality spot successful June 2026. The United States volition beryllium the main big of the tournament, portion Canada and Mexico volition enactment arsenic auxiliary hosts.
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