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COINTURK NEWS > Chiliz (CHZ) > New Partnership Initiative Launched in Japan by SBI Digital Asset Holdings and Chiliz
Chiliz (CHZ)

New Partnership Initiative Launched in Japan by SBI Digital Asset Holdings and Chiliz

In Brief

  • SBI Digital Asset Holdings and Chiliz start a joint venture in Japan.

  • The collaboration aims to integrate Japanese sports fans into a global token community.

  • This partnership could mark a new exciting era for Japanese sports enthusiasts.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Japonya‘nın finans devi SBI Holdings’in kripto varlık kolu olan SBI Digital Asset Holdings ve spor odaklı Blockchain sağlayıcısı Chiliz, ülkede heyecan verici bir ortak girişim başlatıyor. Bu işbirliği, Japonya’daki spor tutkunlarını küresel token tabanlı bir topluluğa dahil etmeyi hedefliyor. Detaylara bakalım.

Contents
Chiliz Announces New DevelopmentDetails of the Joint VentureSBI Group’s Global Reach of 50 Million Customers

Chiliz Announces New Development

With the announcement made on Thursday, it became clear that SBI Digital Asset Holdings and Chiliz will expand the token ecosystem for sports enthusiasts in Japan. The main goal of this joint venture is to provide local fans with access to tokens from popular football clubs and other teams.

According to SBI Digital Asset’s CEO Fernando Luis Vázquez Cao, this collaboration will bring together the best features of traditional finance and Web3. This will enable leveraging fintech innovations to transform sports and entertainment experiences for communities.

Details of the Joint Venture

According to the details of the joint venture, various benefits will be offered for Japanese fans. These benefits include match day activations, voting rights in fan-related decisions, and other token-based sports experiences and rewards.

Chiliz currently hosts 82 fan tokens and has over 150 sports partners worldwide. Additionally, Chiliz operates the Socios.com Web3 wallet and interaction platform for sports fans, reinforcing its leadership in this field.

SBI Group’s Global Reach of 50 Million Customers

Founded in 1999, SBI Group has established a strong position in the financial sector. With over 50 million customers worldwide, this group formed a partnership with Circle last November to expand the use of the USDC stablecoin in Japan.

This joint venture combines the strength of Japan’s financial giant SBI Holdings and Chiliz’s unique experience for sports fans, potentially heralding a new exciting era for Japanese sports enthusiasts. Following this development, we see that the CHZ price is trading at $0.123.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 9 May, 2024 - 11:42 am 9 May, 2024 - 11:42 am
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