Binance – a world-leading crypto exchange platform – is reportedly finalizing an additional batch of fan tokens, issued by the major token platform in the sports industry – Chiliz. 

Specifically, Binance Launchpool – a platform supporting tokens staking for a maximum of 30 days in exchange for rewards – is reportedly going to make three additional sports fan tokens available: Dota 2 esports team OG, Atlético de Madrid Football (ATM), and AS Roma Football Club (ASR).

As included in the initiative, Binance users will reportedly have the ability to carry out staking for Binance Coin (BNB), Binance Dollar (BUSD), and Chiliz (CHZ) against OG, ATM and ASR fan tokens, beginning from Dec. 24 up to Jan. 23, 2021.

From December 30th onward, Binance will reportedly finalize listing for OG, ATM and ASR across its Innovation Zone, as well as making trading available against major crypto, nominally Bitcoin (BTC) and Tether (USDT). The upcoming trading pairs include OG/BTC, OG/USDT, ATM/BTC, ATM/USDT, ASR/BTC and ASR/USDT.

Head of Binance, Changpeng Zhao, reportedly remarked that traditional sports and esports sectors are taking up a more active role in deep-diving and interacting with the crypto sphere. 

“Fan tokens have been well-received by our users, and we are happy to work closer with Chiliz to continue providing access to them,” Zhao further remarked. 

The most recent development reportedly kickstarted the second phase of the partnership between Binance and Chiliz, following details of the collaboration disclosed on December 14th. 

Together with the partnership disclosure, Binance reportedly also made public the news about listing of Chiliz fan tokens for Paris Saint Germain (PSG) and Juventus (JUV) football clubs on its Binance Launchpool.