Chiliz expands its fan tokens to the Solana and Base networks.

PANews reported on April 29 that, according to CoinDesk, sports blockchain platform Chiliz is expanding its more than 70 fan tokens to the Solana and Base networks, adopting the "full-chain fungible token" standard to ensure a unified supply of fan tokens on every supported chain, eliminating issues of token encapsulation and liquidity fragmentation.

Chiliz launched its own Layer 1 network for token trading in 2023 and is now transitioning to a "full-chain distribution" model. Chiliz hopes this expansion will significantly increase the trading volume of its fan tokens ahead of this summer's World Cup. Tokens for the Argentine and Portuguese national teams have already been launched, with more expected to be announced in June.

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Author: PA一线

This content is for market information only and is not investment advice.

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