Sports and entertainment blockchain start - up Chiliz has announced a partnership with Binance Chain , a recently - launched blockchain software system from the Binance cryptocurrency exchange . The digital token of Chiliz , CHZ , runs the social media platform Socios.com , which has secured partnerships with football clubs including Paris Saint - Germain ( PSG ) , Juventus FC and West Ham United . The app will allow the platform to launch new token offerings for the digital token of football clubs . PSG and Juventus tokens are expected to launch this year and could be issued on the Chain , a Chiliz press release has suggested .
Sports and entertainment blockchain start-up Chiliz has announced a partnership with Binance Chain, a recently-launched blockchain software system from the Binance cryptocurrency exchange. The digital token of Chiliz, CHZ, runs the sports engagement platform Socios.com, which has secured partnerships with football clubs including Paris Saint-Germain (PSG), Juventus FC and West Ham United. The app will allow the platform to launch fan token offerings for the digital tokens of football clubs. PSG and Juventus tokens are expected to launch this year and could be issued on Binance Chain, a Chiliz press release has suggested.