Chiliz Labs: the fan token expert unveils an incubator

The startup Chiliz presented a incubator with 50 million dollars and supported by Jump Crypto. Chiliz Labs will invest in blockchain projects axed sport and based on his new blockchain.

On Wednesday, Chiliz announced the implementation of a incubator with the support of Jump Cryptothe dedicated branch of the American high frequency trading company Jump Trading.

With Chiliz Labsthe Malta-based company specialized in fan tokens intends to invest in blockchain projects at an early stage that “contribute to developing the web3 sports industry “. In addition, it plans to support developers leveraging Chiliz Chain 2.0, its new blockchain launched earlier this year.

Chiliz is changing the way we think about what it means to be a fan of a sports team, and we are extremely excited to support Chiliz Labs in leveraging Web3 technology to bring teams and their fans closer together,” commented Kanav Kariya, Jump Crypto’s president, in a statement.

Chiliz’s flagship product, Socios.comToday, Socios.com boasts the support of more than 170 partners for 1.8 million wallets created.

Last summer, the fan token specialist acquired 24.5% of the digital subsidiary of FC BarcelonaBarça Studios, for 100 million dollars.

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