Chiliz Expands Fan Tokens to Solana and Base in First Multi-Chain Launch

4 hour ago 2 sources positive

Key takeaways:

  • CHZ burn mechanism creates deflationary pressure beyond typical fan token utility narratives.
  • Solana and Base integration unlocks liquidity for sports tokens targeting 2026 FIFA World Cup.
  • Omnichain architecture removes wrapping risks, potentially increasing institutional sports DeFi adoption.

Chiliz Group has announced the expansion of its Fan Tokens to the Solana and Base blockchains, marking the first time these assets will be available outside the native Chiliz Chain. The integration leverages LayerZero's Omnichain Fungible Token (OFT) standard, which unifies the circulating supply across all supported chains, eliminating the need for wrapped tokens or fragmented liquidity pools.

This strategic move is part of Chiliz 2030, a long-term vision to generate one trillion dollars through the convergence of sports and decentralized finance. According to CEO Alexandre Dreyfus, Fan Tokens have generated over $700 million in revenue for sports organizations since 2019, but have until now operated exclusively on a single chain. The new omnichain architecture aims to broaden distribution, liquidity, and integration with the DeFi ecosystem.

The expansion also targets the upcoming 2026 FIFA World Cup in the United States. Chiliz plans to launch Fan Tokens for teams and national squads based in that market, having already released tokens for Argentina and Portugal. The $CHZ and $PEPPER assets will be the first available cross-chain, followed by club tokens for Paris Saint-Germain, Juventus, FC Barcelona, Manchester City, Inter Milan, AC Milan, AS Roma, and Atlético de Madrid.

On Solana, the tokens will be available on Meteora and Jupiter, with $CHZ accessible from day one through Sunrise. On Base, the offering will be channeled through Aerodrome, one of the most widely used DeFi platforms among retail traders. Both chains were selected for their high performance, low transaction costs, and active developer communities.

Additionally, 10% of revenue generated by token sales across all chains will be allocated to the permanent buyback and burn of $CHZ, providing a deflationary mechanism for the native token.

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