Chiliz (CHZ), one of the largest representatives of the fan token ecosystem, received official approval from the USA. CEO Alexandre Dreyfus addressed investors in the document he shared and stated that they received trade approval by US regulators.
The Chiliz side that has obtained trademark approval, Fan Token plans to consolidate its peak role in the ecosystem. Recently, the price drop in fan tokens and its inability to show its old performance have received a great reaction from investors. After this new development, the CHZ price is also trying to hold on to 0.080 levels by experiencing a small rise despite the falling market.
Although the securities discussions related to altcoins have faded in recent days by the USA, it is known that a wing in the country firmly supports the entire ecosystem. While this trademark registration is not within this scope, it may mean that Chiliz has taken a new step towards growth on the US side.
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