CHZ Chiliz Rank #194 $0.0146 ▼ 2.01%

Chiliz (CHZ) is a blockchain-based fintech platform purpose-built for the global sports industry. Operating within the Ethereum ecosystem as a Layer 1 smart contract platform, it enables sports organizations to issue branded fan tokens, giving supporters a tokenized way to engage with their favorite teams and clubs. The native utility token, CHZ, is the entry point for these interactions, allowing users to participate in fan engagement features such as voting, rewards, and access to team-related digital experiences. Beyond its role in sports, the Chiliz ecosystem incorporates NFT functionality and has expanded its footprint across multiple chains, including the Solana and Base ecosystems. The platform is designed to bridge traditional sports communities with Web3 tools, offering tokenized digital assets and engagement mechanisms for clubs and leagues worldwide. CHZ functions as the connective currency across the ecosystem's products, which include fan token marketplaces and staking services. Chiliz is part of the YZi Labs (formerly Binance Labs) portfolio and is included in the Coinbase 50 Index, and it is among tokens classified as alleged SEC securities.