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Cryptocurrency News Articles
Chiliz and SBI Join Forces to Revolutionize Fan Engagement in Japan
May 09, 2024 at 10:42 pm
Chiliz, a leading web3 infrastructure for sports and entertainment, has partnered with SBI Digital Asset Holdings to introduce popular fan tokens to Japanese enthusiasts. The collaboration aims to provide football fans with easy access to tokens from renowned clubs like Paris Saint Germain and Arsenal through a joint venture partnership. Chiliz will leverage its global network and SBI's extensive customer base to enhance fan engagement through the Chiliz Chain, making it accessible to developers and companies in Japan for the creation of web3 products and services.
Chiliz and SBI Digital Asset Holdings Join Forces to Revolutionize Fan Engagement in Japan
Tokyo, Japan – May 9, 2024 – Chiliz, a leading provider of web3 infrastructure for sports and entertainment, has partnered with SBI Digital Asset Holdings, a prominent Japanese financial services company, to bring cutting-edge fan tokens to enthusiastic followers in Japan. This groundbreaking collaboration marks a significant milestone in the expansion of Chiliz's global reach and its commitment to bridging the gap between crypto and sports.
A Shared Vision for Fan Engagement
The strategic alliance between Chiliz and SBI Digital Asset Holdings is driven by a shared vision to enhance fan engagement and provide Japanese enthusiasts with unprecedented access to their beloved sporting clubs. Through this joint venture partnership, the two entities will work diligently to ensure that football fans in Japan can easily obtain fan tokens from renowned clubs such as Paris Saint-Germain, Arsenal, AC Milan, Manchester City, FC Barcelona, and Inter Milan.
Leveraging Chiliz's Global Network
Chiliz will harness its extensive global network and operational expertise to facilitate the adoption of fan tokens in Japan. By leveraging the support of the SBI Group, which boasts an impressive customer base of over 50 million, Chiliz aims to empower Japanese football fans to become integral members of their clubs' global communities.
SBI's Role in the Chiliz Ecosystem
As a testament to the depth of the partnership, SBI Digital Asset Holdings will assume the role of a node operator on the Chiliz chain. This strategic move positions SBI as an integral component of the Chiliz web3 ecosystem, granting it a pivotal voice in governance matters and contributing to the network's long-term growth.
Fostering Innovation in Japan
Beyond fan engagement, the partnership is also geared towards establishing the Chiliz chain as a preferred blockchain network for developers and businesses in Japan seeking to develop innovative web3 products and services. This collaboration will foster a vibrant ecosystem where Japanese innovators can leverage Chiliz's cutting-edge technology to create compelling experiences for fans and drive the adoption of blockchain in the sports industry.
Chiliz's Mission to Bridge Crypto and Sports
This latest partnership underscores Chiliz's unwavering commitment to its mission of bridging the gap between crypto and global sports. Since its inception in May 2023, Chiliz has consistently leveraged its web3 infrastructure to foster deeper connections between fans and their favorite teams.
A Collaboration with Prestige
Chiliz's track record of successful collaborations speaks volumes about its dedication to revolutionizing the sports landscape. In 2022, the company partnered with the organizers of the Ballon d'Or, one of the most prestigious football awards globally, to enhance the adoption of blockchain technology in the sport.
Socios.com: A Catalyst for Fan Engagement
At the heart of Chiliz's success lies Socios.com, its virtual fan token sports ecosystem. Through Socios.com, powered by Chiliz, sports teams and their fans have fostered a thriving relationship that extends beyond the traditional boundaries of fandom.
$CHZ: The Native Token Driving Fan Engagement
The native token of the Chiliz ecosystem, $CHZ, plays a crucial role in empowering users to participate in a new generation of fan experiences, products, and services. As of today, $CHZ is trading at $0.01218, reflecting a 21.65% decline over the past 30 days.
Conclusion
The partnership between Chiliz and SBI Digital Asset Holdings is a transformative step that will revolutionize fan engagement in Japan and accelerate the adoption of web3 technology in the sports industry. By leveraging their combined strengths, the two entities will provide Japanese fans with unprecedented access to their favorite clubs and drive the growth of a vibrant and innovative blockchain ecosystem in Japan.
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