OKX Partners Chiliz To Boost Blockchain Innovation In Sports, Entertainment
OKX has partnered with Chiliz to enhance blockchain advancements in the sports and entertainment sectors. OKX will be a new validator for the Chiliz Chain, a Layer-1 EVM-compatible blockchain. This move will enhance the network’s governance, security, and scalability, enabling smart contract execution and transaction verification.
OKX’s expertise in the crypto exchange realm will augment the Chiliz Chain’s capabilities. The partnership is part of a steadfast commitment to the sports community, with OKX enhancing the accessibility of Chiliz’s native token, CHZ, through spot trading since March 2021.
OKX has also supported the Chiliz (CHZ) 2.0 mainnet integration in October 2023. The Chiliz Chain is a pioneering platform that fosters interactions between sports brands, gaming companies, and fan bases through the SportFi ecosystem. It enables the creation of fan tokens, NFTs, and decentralized applications (dApps), enhancing fan experiences and engagement.
(With inputs from Shikha Singh)
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