####After a 2022 exit, Chiliz meets the SEC’s Crypto Task Force to pave the way for a $50–100 million reinvestment ahead of the 2026 World Cup
#Chiliz—a pioneering SportsFi platform—sat down with the U.S. Securities and Exchange Commission’s Crypto Task Force on April 22, 2025, to chart its reentry into the American crypto market under a more crypto‑friendly administration. The meeting request, made public by the SEC, confirms Chiliz intends to commit $50 million to $100 million around the #2026 FIFA World Cup in the United States, Canada, and Mexico. On the same day, CEO Alexandre Dreyfus posted a photo with Bo Hines, Executive Director of Trump’s Council of Advisors for Digital Assets—hinting at follow‑up talks at the White House.
#At the heart of the discussion was Chiliz’s proposed fan‑token structure and its argument that these tokens should not be classified as securities—i.e., investments promising profits from others’ efforts. This regulatory gray area drove Chiliz’s 2022 strategic exit from the U.S. market after the FTX collapse sowed uncertainty.
#Despite global partnerships—with giants like FC Barcelona, Paris Saint‑Germain, and Manchester City—Chiliz’s on‑chain activity has dipped. DeFiLlama data shows its Total Value Locked (TVL) fell from $17.8 million on December 9, 2024 to $6.5 million by April 22, 2025 (a 63.5 % drop). Its governance token, CHZ, has slid 67 % over the past year.
Meanwhile, Chiliz’s $80 million U.S. investment in 2021—spanning 27 NBA and 13 NFL partnerships—was paused amid regulatory headwinds.
With the June 2026 World Cup on the horizon—where the U.S. serves as main host and Canada/Mexico as co‑hosts—Chiliz aims to leverage clearer rules to bring fan tokens back to American sports fans.
###Market Analysis
63.5 % TVL drop: Signals waning DeFi activity.
67 % CHZ decline: Reflects market sentiment and regulatory pressure.
Compare to past SportsFi rebounds to gauge upside potential.
#Chiliz #FanTokens #CryptoRegulation #SportsFi #CHZ #Web3Sports