Chiliz meets with SEC Crypto Task Force amid US market reentry plans

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Chiliz, a SportsFi firm, has met with america Securities and Alternate Fee (SEC) to debate an funding and reentry into the US crypto market underneath the crypto-friendly White House and elevated push for regulatory clarity surrounding digital assets.

According to the assembly request made public by the SEC, Chiliz plans a reentry into the US market across the time of the 2026 FIFA World Cup worldwide soccer (soccer) match. The comeback could be accompanied by a $50 million to $100 million funding within the native market. Nationwide Basketball Affiliation and Nationwide Soccer League groups are mentioned to be focused on launching fan tokens if regulatory readability improves.

The assembly with the federal company was held on April 22 — the identical day Chiliz CEO Alexandre Dreyfus shared a photograph with Bo Hines, govt director of Trump’s Council of Advisors for Digital Property, suggesting a second assembly with White Home officers.

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Supply: Alexandre Dreyfus

Based on the assembly doc, Chiliz mentioned the proposed construction of a fan token and why “it shouldn’t be labeled as a safety.” Broadly, a safety is an funding whereby the investor expects a revenue because of the efforts of somebody apart from the investor.

Whether or not cryptocurrencies and associated property are securities has been a key issue within the regulation of Web3 inside america.

Associated: Chiliz’ Socios.com secures in-principle license approval in Malta

Chiliz ecosystem sees decrease TVL in 2025

Chiliz, regardless of its partnerships with soccer golf equipment, gaming groups, and racing corporations, has seen a big drop in exercise inside its ecosystem. DefiLlama information exhibits the protocols’ complete worth locked has fallen from $17.8 million on Dec. 9, 2024, to $6.5 million on April 22, 2025, marking a 63.5% drop.

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Chiliz TVL. Supply: DefiLlama

Its governance token hasn’t fared significantly properly, both. According to CoinMarketCap, the Chiliz (CHZ) token value has declined 67% over the previous 12 months. The corporate is understood for its fan tokens, which permit fanatics to personal the official cryptocurrencies of their favourite sports activities golf equipment.

The corporate has made headway into the soccer market, partnering with Soccer Membership Barcelona, Paris Saint-Germain, and Manchester Metropolis, amongst others.

Associated: FIFA launches NFT collection amid 2023 Club World Cup

Chiliz invested $80 million in partnerships inside the US market in 2021, the doc exhibits. Nevertheless, regulatory uncertainty and the fallout from FTX’s collapse led to a “strategic exit” within the following 12 months.

The following World Cup is anticipated to happen in June 2026. The US would be the important host of the match, whereas Canada and Mexico will act as auxiliary hosts.

Magazine: ‘Normie degens’ go all in on sports fan crypto tokens for the rewards