Chiliz Engages SEC for US Market Expansion

Chiliz has proposed a substantial investment between $50 million and $100 million to facilitate its return to the US. At the SEC meeting, Dreyfus highlighted that Chiliz’s fan tokens should not be considered securities. CEO Alexandre Dreyfus spearheaded this initiative alongside industry allies like Cody Carbone and Josh Lawler. Their goal was to establish regulatory clarity for fan tokens after the FTX-induced market turmoil.

The announcement is influencing investor sentiment, with the CHZ token experiencing a 9.95% price increase post-meeting. This suggests renewed confidence in Chiliz’s strategic decisions and potential market recovery. This engagement potentially impacts US sports affiliations and could restore previously dormant partnerships with major teams, specifically in the NBA and NFL, due to regulatory uncertainties.

The discussions with the SEC, especially for regulatory non-classification of fan tokens as securities, may promote ease of fan token adoption. Previous events have shown favorable regulatory outcomes can enhance token demand significantly. Dreyfus noted, “Our mission is to enable fan engagement through blockchain-based Fan Tokens,” emphasizing the importance of clarity for market growth. Read more about Dreyfus’s insights here.

For detailed information on the SEC’s viewpoint, see the SEC Memo on Chiliz and Digital Chamber by Zuber Lawler LLP and the SEC Press Release 2025-57 Overview and Updates. This documentation provides an in-depth look at the discussions held and the mutual understanding reached.