OKX and Chiliz have announced a strategic collaboration aimed at advancing blockchain solutions within the sports and entertainment industry. In this partnership, OKX will serve as a new validator for the Chiliz Chain, a premier Layer-1 EVM compatible blockchain dedicated to sports and entertainment.
By joining forces, OKX enhances the Chiliz Chain’s governance, security, and scalability, critical for executing smart contracts seamlessly and ensuring robust transaction verification. The integration of OKX as a validator brings extensive expertise from the cryptocurrency exchange sector, augmenting the capabilities of the Chiliz Chain. This collaboration strengthens the ecosystem alongside other recently announced validators, including PSG, EDF Group, K League, Infstones, Ankr, Paribu, Meria, and Luganodes.
OKX’s partnership journey with Chiliz reflects a steadfast commitment demonstrated through various milestones. Notably, OKX has significantly contributed to improving the accessibility of Chiliz’s native token, CHZ, by supporting spot trading since March 2021. Furthermore, OKX facilitated the integration of Chiliz (CHZ) 2.0 mainnet in October 2023. Additionally, OKX has actively engaged with the sports community by listing fan tokens of prominent football clubs like Tottenham Hotspur FC and Manchester City.
The Chiliz Chain stands as a pioneering platform, fostering interactions among sports brands, gaming companies, and their fan bases through the SportFi ecosystem. Leveraging blockchain technology, it facilitates the creation of fan tokens, NFTs, and decentralized applications (dApps), enriching fan experiences with increased engagement and participation.
Chiliz, at the forefront of SportFi, operates on the Chiliz Chain, recognized as the premier Layer-1 EVM compatible blockchain for sports and entertainment. Supported by the Chiliz native token CHZ, its diverse ecosystem thrives.
OKX, a leading global technology company shaping the future of Web3, offers a comprehensive range of products catering to users of all levels. These include the OKX Wallet, acclaimed as the world’s most robust, secure, and adaptable crypto wallet, providing access to over 85 blockchains while ensuring users retain custody of their funds. The DEX, a multi-chain decentralized exchange aggregator, encompasses 400+ other DEXs and approximately 20 bridges, supporting over 200,000 coins and more than 20 blockchains. Additionally, the NFT Marketplace offers zero-fee access to NFT listings across seven top-tier marketplaces, including OpenSea, MagicEden, LooksRare, and Blur. Furthermore, the Web3 DeFi platform facilitates earning and staking across about 70 protocols spanning over 10 chains.