Chiliz meets SEC Crypto Task Force to discuss U.S. re-entry

The cryptographic platform focused on Chiliz sport met the American Securities and Exchange committee to discuss a potential back to school on the American market before the FIFA World Cup 2026.

According to a dry newspaper published On the agency’s website, Chiliz (Shz), The digital room and Zuber Lawler LLP were among the participants in the April 22 meeting. Chiliz presented a project of non-action letter to respond to concerns about the legal classification of fans tokens and described a plan to reintegrate the United States with an investment of $ 50 to 100 million.

The company argued that its tokens, used for the commitment of fans through voting rights, exclusive awards, and more, should not be considered as titles. Representatives also looked for regulatory directives on how to proceed. “Our mission is to allow fans’ commitment via fans based on blockchain,” said the letter.

The company has underlined its world scope, with partnerships With major clubs including FC Barcelona, ​​Paris Saint-Germain, AC Milan and Arsenal. In addition, he revealed that he had previously had agreements with 13 NFL teams and 27 NBA, but these agreements were suspended due to regulatory uncertainty.

According to reports, the NBA and NFL teams plan to launch fans tokens if the regulatory uncertainty is resolved. Chiliz left the United States at the beginning of 2023, citing a lack of regulatory clarity.

His return plans now align with a dry leadership transition. Paul Atkins, the newly appointed The president of the SEC and a supporter of cryptography should plead for a clearer regulation of digital assets. His predecessor, the acting president, Mark Uyeda, had already started to reduce the implementing measures, drop Pursuits against Gemini, Kraken, immutable (IMX), and the Applep (UNITED).

Despite the expansion of international alliances, the performance of the Chiliz market has faced major challenges. Its native chz token is down 67% in the past year, according to the crypto.News price tracker. Its total value is locked by $ 17 million in December to only $ 6.8 million, according to DEFILMA data. A possible comeback on the American market could act as a major catalyst that could increase the performance of long to mid-term short tokens.