Chiliz (CHZ)

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Historical price evolution of Chiliz

Daily historical data. Updated automatically.

Chiliz was founded in 2018 by Alexandre Dreyfus under the Maltese company Mediarex. Dreyfus brought solid business experience as co-founder of Winamax, France's largest online poker website, and founder of Webcity. In June of that same year, the CHZ token was launched alongside a private funding round of approximately $66 million, led by recognised investors such as Binance, OK Blockchain Capital, FBG Capital, Ceyuan Ventures and Bancor.

During 2019, the project materialised its vision with the launch of the Socios.com application and the first Fan Token Offering (FTO) in history, featuring Juventus FC and Paris Saint-Germain, becoming the first football clubs to issue official fan tokens. In January 2020, Chiliz expanded its infrastructure with the launch of Chiliz.net, its own exchange specialising in fan tokens. The boost came in December of that year when Juventus and PSG fan tokens were listed on Binance, generating $300 million in trading volume in the first 24 hours.

On 13th March 2021, CHZ reached its all-time high of $0.8786, driven by the euphoria surrounding fan tokens and PSG's qualification in the Champions League. That year, Chiliz invested $80 million in partnerships with major US sports leagues (NBA, NFL, MLB, NHL, MLS) and opened offices in New York and Madrid. However, in 2022, following the collapse of FTX and growing regulatory uncertainty in the United States, the company withdrew its operations from the American market despite the considerable investment made. During the Qatar World Cup in November and December 2022, CHZ experienced a 380% rise, going from $0.15 to $0.72 due to speculation around national team fan tokens.

Technological development continued with the announcement on 8th February 2023 of Chiliz Chain 2.0, a layer 1 blockchain compatible with EVM and PoSA consensus, developed as a fork of BNB Smart Chain. The public mainnet launched on 10th May 2023 with CHZ staking activated at an initial 8.8% APR. In September of that year, the migration of all fan tokens from Ethereum to Chiliz Chain 2.0 was completed, reducing transaction fees and granting greater independence to the ecosystem. On 22nd February 2024, PSG became the first football club in the world to operate as a validator node of a blockchain, committing over 10 million CHZ and allocating 100% of its rewards to repurchase PSG tokens.

The "Dragon8" hard fork of 17th June 2024 introduced Tokenomics 2.0 with dynamic inflation ranging from 8.8% to approximately 1.88% and a fee burning mechanism similar to Ethereum's EIP-1559. In October 2024, Socios.com received approval in principle from the Maltese MFSA to obtain a digital asset services licence. During March 2025, Chiliz Chain experienced a notable spike in activity, with active addresses rising from 578 to 68,474 and transactions from 41,196 to 381,597 in 24 hours according to Nansen data.

In April 2025, Chiliz met with the SEC to propose a return to the US market with an investment of between $50 and $100 million, arguing that fan tokens should not be classified as securities. In September 2025, The Chiliz Group acquired 51% of OG Esports, and on 7th October, HX Entertainment Limited changed its name to The Chiliz Group Limited. The Pepper8 governance proposal modified CHZ's inflation schedule through a hard fork. Between 2025 and 2026, CHZ's MiCA whitepaper was registered with ESMA, Socios.com obtained the first MiCA licence in the SportFi sector enabling access to 450 million users in the EU, and both Fan Tokens and CHZ expanded to Solana and Base blockchains through an omnichain bridge. In January 2026, CHZ rose 46% in anticipation of the United States-Canada-Mexico World Cup.

Chiliz operates as a two-tier blockchain ecosystem designed specifically for sports and entertainment. At the base is CHZ, an ERC-20 token that functions on Ethereum and acts as the main currency of the ecosystem. Above operates Chiliz Chain 2.0, an independent blockchain compatible with the Ethereum Virtual Machine that utilises a consensus mechanism called Proof-of-Staked-Authority (PoSA). This dual architecture allows CHZ to serve both as a medium of exchange in the general ecosystem and as a gas token for operations on Chiliz Chain, where validators and delegators stake CHZ to secure the network and obtain rewards for their participation.

The core product of the ecosystem are fan tokens, CAP-20 standard digital assets issued directly by sports clubs on Chiliz Chain. These tokens grant their holders participation rights in club decisions through voting on aspects such as shirt designs, selection of songs for celebrations or messages in changing rooms, as well as providing access to exclusive rewards and VIP experiences. Fans acquire these fan tokens through the Socios.com application using CHZ as the payment method, creating a closed economic cycle within the ecosystem.

The protocol has evolved towards a more sophisticated economic model with the implementation of the Dragon8 hard fork in June 2024, which introduced a dynamic inflation system and fee burning similar to Ethereum's EIP-1559, designed to gradually reduce annual emission to approximately 1.88%. Since 2025, the architecture has expanded towards an omnichain model through bridges that connect with blockchains such as Solana and Base, allowing both CHZ and fan tokens to move and operate outside Chiliz Chain, expanding the ecosystem's interoperability.

Data verified against external sources. Some values may have changed since the last update.