Top-tier blockchain sports entity Chiliz is reportedly having plans to establish its presence across the US, with an acquired $50 million investment. 

Specifically, as revealed by Head of Chiliz – Alexandre Dreyfus – the company is reportedly establishing a New York-based office, and will begin to collaborate with leagues and sports franchises in the nation. 

New York has reportedly established itself as the “headquarters for the sports industry in the U.S”, with Dreyfus emphasizing that the new office will play a crucial role in Chiliz’s international expansion. 

Dreyfus further revealed that the firm is in preparation to roll out fan tokens with franchises from the five major U.S. sports leagues.

Chiliz has reportedly managed to earn millions of dollars of revenue for numerous big names in the sports industry in the EU. “In 2020, we shared more than $30 million with our partners, but this year we’re targeting a minimum of $60 million”. 

Located in Malta, Chiliz reportedly possesses years of expertise on offering fan tokens to top-tier football entities throughout Europe, nominally FC Barcelona, Juventus and Paris Saint-Germain.

Via generating blockchain-powered fan tokens with Chiliz, sports organizations and clubs will have the power to access new fan engagement features, such as fan voting and direct communication with players.

Chiliz, which is known for its partnership with the fan engagement platform Socios, is reportedly collaborating with the heavyweights in the crypto sector. In late last year, Chiliz reportedly disclosed details of an alliance formed with world major crypto exchange platform Binance.