Bitcoin

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

Chiliz, a Sportsfi company, met the United States Securities and Exchange Commission (SEC) to discuss an investment and enter the American cryptos market under the friendly white house of crypto and increased pressure for the regulatory clarity surrounding digital assets.

According to the request for a meeting made public by the SEC, Chiliz plans a return to the American market at the time of the International Football Tournament of the FIFA World Cup (Soccer). The return would be accompanied by an investment of $ 50 to 100 million in the local market. The National Basketball Association and the National Football League teams would be interested in launching fans tokens if the regulatory clarity is improving.

The meeting with the Federal Agency took place on April 22 – on the same day, the CEO of Chiliz, Alexandre Dreyfus, shared a photo with Bo Hines, executive director of the Trump digital asset advisers, suggesting a second meeting with White House officials.

Source: Alexandre Dreyfus

According to the meeting document, Chiliz discussed the proposed structure of a fan token and why “it should not be classified as security”. In general, a guarantee is an investment in which the investor expects a profit due to someone other than the investor.

The question of whether cryptocurrencies and related assets are securities was a key problem in web3 regulations in the United States.

In relation: Chiliz ‘Socios.com secures license approval in principle in Malta

The Chileiz ecosystem saw below TVL in 2025

Chiliz, despite its partnerships with football clubs, game teams and racing companies, experienced a significant drop in activity within its ecosystem. Defillama data show that the total value of locked protocols increased from $ 17.8 million on December 9, 2024 to $ 6.5 million on April 22, 2025, marking a drop of 63.5%.

Chiliz TVL. Source: Defillama

His governance token was not particularly well behaved. According to CoinmarketCap, the price of the CHZ token (CHZ) decreased by 67% in the last 12 months. The company is known for its fans token, which allow enthusiasts to have the official cryptocurrencies of their favorite sports clubs.

The company has made progress on the football market, in partnership with the Barcelona football club, Paris Saint-Germain and Manchester City, among others.

In relation: FIFA launches the NFT collection in the middle of the Club World Cup 2023

Chiliz invested $ 80 million in partnerships on the American market in 2021, according to the document. However, the regulatory uncertainty and the fallout from the collapse of the FTX led to a “strategic outing” the following year.

The next World Cup is expected to take place in June 2026. The United States will be the main host of the tournament, while Canada and Mexico will act as auxiliary hosts.

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