Fan token issuer company Chiliz together with the digital asset giant Jump Crypto has a $ 50 million “Chiliz Labs” CHZ quickly gained 10% after announcing the launch of an investment venture.
Chiliz with Jump Crypto 50 million dollars worth web3 focused incubation And accelerator funding program Chiliz Labsannounced the. In the statement, the program wants to take advantage of the Chiliz blockchain. promoting viable and innovative early-stage blockchain projects It was stated that it was prepared for
In the statement made by the team, the following statements were made regarding the details of the agreement:
We are pleased to announce the launch of Chiliz Labs, our $50 million incubator and accelerator program! Chiliz Labs will invest, support and empower early-stage blockchain projects that help grow the web3 sports industry and deliver long-term value to fans and sports brands.
Head of Jump Crypto Kanav Kariya While addressing the sustainability problems of brands belonging to sports teams, Chiliz’s a constructive solution He mentioned that he developed:
Chiliz has developed a unique solution to one of the most prominent challenges facing sports teams and leagues: how to scale their brands in a sustainable and cost-effective way. We are excited to support Chiliz Labs in leveraging Web3 technology.
CoinGecko together with the effect of the news flow 8% from $0.135 on the rise $0.1456 At the time of writing the CHZ, which has risen to from $0.138 is being traded.