Chiliz meets with US SEC Cryptocurrency Working Group to discuss plans to return to the US market

PANews reported on April 23 that SportsFi's subsidiary Chiliz has met with the US SEC to discuss investing and re-entering the US cryptocurrency market under the leadership of the White House, which is a crypto-friendly White House, and promoting transparency in digital assets regulation. Chiliz "strategically exited" the U.S. market in 2022 due to regulatory uncertainty and FTX collapse.

Chiliz plans to return to the U.S. market during the 2026 FIFA World Cup, according to a meeting request released by the Securities and Exchange Commission (SEC). The return will be accompanied by $50 million to $100 million in the U.S. domestic market. Teams in the NBA and NFL allegedly intend to issue fan tokens if regulation is more transparent.