World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls "omnichain distribution." By Jamie Crawley | Edited by Nikhilesh De Apr 28, 2026, 5:03 p.m. Make preferred on Chiliz CEO Alexandre Dreyfus (Amitoj Singh/CoinDesk) What to know : Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase. Fan tokens are digital assets that represent membership of a community, such as a sports team's fan base. Chiliz said it hopes that expansion to Solana and Base will give its tokens a major trading volume boost ahead of this summer's FIFA World Cup. Sports-focused blockchain Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase (COIN). Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls "omnichain distribution," according to an announcement on X on Tuesday. "By using an Omnichain Fungible Token (OFT) standard, fan tokens will exist on each supported chain with a unified supply, eliminating the need for wrapped tokens or fragmented liquidity pools," Chiliz said. Fan tokens are digital assets that represent membership of a community such as a sports team's fan base. Chiliz has developed over 70 such tokens, including tokens for some of Europe's soccer giants like Paris Saint-Germain, Barcelona, Manchester City and Juventus. These teams use tokens to farm engagement from fans who are not in the stadium, by giving holders the chance to win exclusive rewards and voting rights on minor issues such as the colour of the players' warm-up kit. Chiliz said it hopes that expansion to Solana and Base will give these tokens a major trading volume boost ahead of this summer's FIFA World Cup. Chiliz already offers tokens representing the Argentina and Portugal teams with more expected to be unveiled in June. Read More: SportFi’s next act: onchain markets built around match-day results Solana News Coinbase More For You Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting By Helene Braun | Edited by Nikhilesh De 53 minutes ago Microsoft and Chainalysis executives warned that as AI agents begin managing transactions at scale, the financial industry must overhaul its legacy infrastructure to prioritize machine identity and trust. What to know : Financial firms are being pushed toward AI-driven, machine-executed transactions at massive scale, straining legacy systems and forcing a redesign of core infrastructure, speakers from Microsoft and Chainalysis said. Industry leaders said the key challenge is shifting from what AI systems can do to whether they can be trusted, audited and... Read full story Latest Crypto News The age of Agentic Commerce has arrived. Consensus 2026 is where you can experience it IRL 4 minutes ago Polymarket reportedly seeking CFTC approval to reopen main exchange to U.S. traders 29 minutes ago Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales 33 minutes ago Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting 53 minutes ago A crypto coalition releases technical proposal to save Aave users from a massive token exploit 1 hour ago Every blockchain transaction is a gift to your competition 1 hour ago Top Stories CFTC's AI will review U.S. crypto registration applications, chairman tells CoinDesk 4 hours ago Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high 11 hours ago Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack 19 hours ago Bulls want bitcoin back above $80,000. Macro says not so fast. 5 hours ago Ondo Finance adds proxy voting for holders of its $700 million tokenized equities 9 hours ago Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition 7 hours ago