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Chiliz Prepares Big Return to U.S. with Massive Investment
In a significant move, Chiliz, the blockchain project behind Socios.com and fan tokens, is preparing for a major comeback in the United States market with a massive investment injection of $50 million to $100 million. This bold step aims to reopen the distribution of fan tokens in the US, leveraging the momentum surrounding the 2026 World Cup, which will be held in the United States, Canada, and Mexico.
Chiliz’s return is not just about reclaiming its lost ground; it marks a significant shift towards re-entering the US market. This decision comes on the heels of a meeting with the U.S. Securities and Exchange Commission (SEC) on April 22, 2025, where Chiliz argued that fan tokens should not be classified as securities.
The company’s resurgence is tied to its plan to capitalize on the massive interest in sports and blockchain, particularly in the context of the World Cup. By providing exclusive experiences with digital tokens, Chiliz aims to tap into this market potential. According to reports, Chiliz has already collaborated with a staggering 27 NBA teams and 13 NFL teams.
In an effort to revive fan tokens, Chiliz is adopting a more aggressive expansion plan in the US. This move has been met with positive sentiment by the market, as seen in the recent surge of CHZ’s price, which rose by 13.26% over the past seven days, breaking through the crucial resistance level at $0.041. The daily trading volume also increased to a notable $77 million, accompanied by a 16% increase in open interest in CHZ futures.
While there are concerns about Chiliz’s recent decline in value, which saw its token drop by 63.5%, as revealed by the data showing a decline from $6.5 million to just $0.041, the market appears to be responding positively to this major investment move.
Source: https://www.crypto-news-flash.com/chiliz-prepares-big-return-to-u-s-with-massive-investment/?utm_source=rss&utm_medium=rss&utm_campaign=chiliz-prepares-big-return-to-u-s-with-massive-investment
