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Decentral Launches First Football Media Rights RWA Pool on Chiliz
Decentral has introduced the first football media-rights real-world asset (RWA) pool on the Chiliz Chain. This initiative tokenizes cash flows from broadcasting deals, adding a new dimension to Chiliz's ecosystem, traditionally driven by fan tokens and SportFi applications.
- The new pool converts revenue from football media rights into on-chain instruments accessible via Chiliz Chain infrastructure.
- It targets sports-related cash flows like broadcasting and sponsorship income, positioning them as yield-bearing RWAs within a compliant framework.
- This aligns with Chiliz's strategy to expand into a "sports RWA" vertical, including tokenized revenue-share notes and royalty structures linked to sports IP.
- Chiliz aims to provide clubs and rights holders with additional funding channels and expose crypto investors to football-linked income streams.
Chiliz's Role in Sports Web3
- Chiliz operates an EVM-compatible layer-1 blockchain for sports organizations, supporting fan engagement products like Socios fan tokens and SportFi apps.
- The network collaborates with over 70 major clubs and leagues, offering tokenized fan rewards, NFT drops, and other on-chain experiences.
- Beyond fan tokens, Chiliz supports NFT marketplaces, Web3 loyalty programs, and now RWA tokenization for tickets and income-generating rights in sport.
- This specialization attracts teams, sponsors, and rights holders seeking blockchain-based financing or engagement tools without building infrastructure from scratch.
CHZ Market Update
- The Chiliz token (CHZ) is trading at approximately 0.0308–0.0325 USD, with a recent value of 0.03072 USD.
- Over the last 24 hours, CHZ has declined by 6%, indicating modest selling pressure following earlier gains.
- Market data shows CHZ's capitalization in the low hundreds of millions, ranking it in the 200s among cryptocurrencies.
- Current market conditions appear stable, with traders evaluating the impact of the new RWA strategy and partnerships in the sports sector.
