World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading
Summary
Chiliz is moving toward an "omnichain distribution" model by extending its portfolio of over 70 fan tokens to the Solana and Base networks. By utilizing the Omnichain Fungible Token (OFT) standard, the platform aims to maintain a unified supply of tokens across different chains, removing the complexities of wrapped assets and fragmented liquidity. This strategic expansion is intended to drive higher trading volume for tokens linked to major soccer clubs like Paris Saint-Germain and Manchester City, especially as the company prepares for the upcoming FIFA World Cup.
(Source:CoinDesk)