Two market leaders join forces to accelerate innovation and growth in sports and entertainment blockchain solutions
Istanbul, 14th August 2025:— Paribu, Türkiye’s leading crypto platform, and Chiliz, a global leader in blockchain solutions for sports and entertainment, today announced a strategic partnership that brings together their strengths to drive the next phase of SportFi innovation in Türkiye. This collaboration marks a pivotal moment for both companies, opening a new chapter in their shared vision to redefine fan engagement and digital asset use in sports.
Uniting their strengths, Paribu Net blockchain will merge with Chiliz Chain — a move designed to unify and strengthen the technological foundations supporting Fan Tokens and broader SportFi applications in Türkiye. By combining Paribu’s deep market presence, proven blockchain expertise and trusted infrastructure with Chiliz’s blockchain technology purpose-built for sports and entertainment, the partnership aims to create a more accessible, innovative, and integrated ecosystem for fans and partners alike.
Beyond the technical integration, the two companies will work side-by-side to expand the SportFi market in Türkiye, pursuing new collaborations with sports organizations and entertainment brands. Both Paribu’s extensive network and Chiliz’s international partnerships will be leveraged equally, ensuring that opportunities for growth benefit the entire ecosystem.
As part of the integration, Paribu Net’s native token (PRB) will be converted into Chiliz (CHZ) for token holders.
“This partnership brings together two strong, innovative players in their respective markets,” said Yasin Oral, CEO of Paribu. “By combining Paribu’s leadership and trust in the Turkish crypto industry with Chiliz’s proven sports and entertainment expertise, we are building an ecosystem where SportFi can truly flourish for fans, clubs, and partners.”
“Paribu has established itself as a leader in Türkiye’s crypto landscape, and working together enables us to better serve one of the most passionate sports markets in the world,” said Alexandre Dreyfus, CEO of Chiliz. “This collaboration is not just about technology — it’s about creating long-term value for fans and opening new possibilities in digital sports engagement.”
Paribu has been a supporter of the Chiliz ecosystem for years, acting as the largest validator on the Chiliz Chain and providing early market access to $CHZ and Fan Tokens in Türkiye. This latest step cements their shared commitment to advancing the role of blockchain in sports.
