Fan token project chiliz sets up $50 million incubator backed by Jump Crypto

Fan token project chiliz sets up $50 million incubator backed by Jump Crypto

Chiliz, a blockchain-based sports token platform, is starting a $50 million incubator program called Chiliz Labs to target early-stage projects in the sports and entertainment industries.

The program is backed by Jump Crypto, the investment arm of Chicago-based market maker Jump Trading Group.

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