Chiliz plans to return to the US market and has met with the SEC to discuss regulatory issues

Odaily News Sports crypto project Chiliz is preparing to return to the U.S. market and has met with the U.S. Securities and Exchange Commission (SEC) Crypto Task Force on April 22 to discuss the compliance of fan tokens. Chiliz said its tokens should not be considered securities.
Chiliz expects to return to the US market around the 2026 World Cup, with a planned investment of $50 million to $100 million. NBA and NFL teams are interested in launching fan tokens if regulations are clearer.
Chiliz withdrew from the US market in 2022 due to regulatory uncertainty and the collapse of FTX. Despite having multiple sports partnerships, its ecosystem has performed poorly, with TVL falling from $17.8 million in December last year to $6.5 million in April this year, and the CHZ token has fallen 67% this year. (Cointelegraph)