Chiliz (CHZ) Meets with the SEC to Discuss Investment and Reentry into the US Crypto Market

Chiliz, a SportsFi company, has met with the United States Securities and Exchange Commission (SEC) to discuss an investment and reentry into the US crypto market

Chiliz, the leading blockchain company in the Web3 sports and entertainment sector, has met with the United States Securities and Exchange Commission (SEC) to discuss its investment and reentry into the US crypto market.

The meeting, which was held on April 22, 2025, follows the crypto-friendly stance of the current White House administration and the increasing push for regulatory clarity surrounding digital assets.

According to the proposed meeting request, which was made public by the SEC, Chiliz is planning to return to the US market around the time of the 2026 FIFA World Cup.

The comeback would be accompanied by a substantial investment of $50 million to $100 million in the local market, which would be used to integrate the Chiliz ecosystem and launch a broader fan token strategy.

The request also notes that leading American sports teams, including those in the National Basketball Association and National Football League, have expressed interest in launching fan tokens if regulatory clarity improves.

The meeting with the federal agency was held on the same day as Chiliz CEO Alexandre Dreyfus shared a photo with Bo Hines, executive director of Trump’s Council of Advisors for Digital Assets, suggesting a second meeting with White House officials.

According to the meeting document, Chiliz discussed the proposed structure of a fan token and why “it should not be classified as a security.” Broadly, a security is an investment wherein the investor expects a profit due to the efforts of someone other than the investor.

In the document, the company stated that its fan tokens would not be securities because they are not being sold to raise money for the company's operations. Instead, the tokens would be sold to fans who want to participate in the governance of their favorite teams or clubs.

The company also argued that its fan tokens would not be sold with the expectation of a return on investment. Rather, fans would be buying the tokens for the utility and value that they provide.

Whether cryptocurrencies and related assets are constitutes a security has been a key issue in the regulation of Web3 within the United States.

The company's fan tokens are already popular in Europe, where they are used by some of the biggest soccer clubs in the world, including FC Barcelona, Juventus, Manchester City, and Paris Saint-Germain.

The company is planning to expand its fan token strategy to include other sports and entertainment properties in the US. It is also considering launching a new governance token, which would be used to give fans a say in the future of the Chiliz platform.

Chiliz is a leading blockchain company in the Web3 sports and entertainment sector, operating the world's largest blockchain-powered fan engagement and rewards platform.

The company's mission is to connect fans with their favorite teams and clubs in a meaningful way, and its vision is to create a more engaging and rewarding experience for sports and entertainment enthusiasts.

The company's flagship product is Socios.com, a direct-to-consumer platform where fans can acquire and trade fan tokens to engage with their favorite teams.

Socios.com has partnered with over 200 teams and clubs across soccer, e-sports, motorsports, and other sports and entertainment properties.

The company's ecosystem is powered by the Chiliz $CHZ token, which is used to purchase fan tokens and participate in the governance of the platform.

Chiliz has a strong track record of success in the Web3 industry. The company's platform is used by millions of fans around the world, and its fan tokens are some of the most liquid and traded digital assets on the market.

The company is also a pioneer in the development of new and innovative Web3 technologies, such as its own blockchain and smart contract solutions.

Chiliz is well-positioned to continue its growth and expansion in the coming years. The company is committed to providing fans with the best possible experience, and it is constantly innovating to stay ahead of the curve.

In 2021, Chiliz invested $80 million in partnerships within the US market. However, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” from the country the following year.

Now, with a crypto-friendly White House and increased push for regulatory clarity surrounding digital assets, the company is planning to return to the US market around the time of the 2026 FIFA World Cup.

The company is also planning to invest a further $50 million to $100 million in the local market to integrate its ecosystem and launch a broader fan token strategy.

According to the request, NBA and NFL teams are interested in launching fan tokens if regulatory clarity improves.

The company's fan tokens are already popular in Europe, where they are used by some of the biggest soccer clubs in the world, including FC Barcelona, Juventus, Manchester City, and Paris Saint-Germain.

Chiliz is planning to expand its fan token strategy to include other sports and