Chiliz (CHZ) Debuts EVM-Compatible L1 Blockchain

CHZ’s market cap was over $1.1 billion when this report was written. The Chiliz token also had a daily trading volume above $683 million across available markets. 

Since launching in 2018, the blockchain-based company has sought to bridge the gap between on-chain technology and sports fan interaction. The CHZ token allows sports fans to hold assets linked to real-world teams across sports industries like the major European football leagues in Spain, France, and Italy to name a few.

As part of its latest rebrand and new blockchain, Chiliz will onboard as many as 10 start-ups. These entities will head ventures like NFT ticketing, Watch2Earn sports events, and Play2Earn games. 

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