On April 22, 2025, Chiliz discussed its reentry into the US crypto market with the SEC, emphasizing that their fan tokens should not be classified as securities. This meeting coincided with discussions about breaking into the market during the upcoming World Cup.
Despite strategic investments, Chiliz’s ecosystem faces difficulties, with total value locked dropping by over 63% to $6.5 million. Additionally, the CHZ token has seen a 67% decline over the past year.
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