Alameda Research, the operator of leading cryptocurrency derivatives exchange FTX.com, has signed a strategic partnership with sports and entertainment tokenization startup Chiliz.
The collaboration will see Alameda Research contribute to the growth of the Chiliz through the provision of liquidity for Chiliz’s native cryptocurrency $CHZ, which will aid the growth of the Chiliz ecosystem.
Chiliz believes the FTX operator is capable of helping its ecosystem to achieve its goals since they have a reputation of managing over $100 million in digital assets and trades between $600 million to $1.5 billion daily in the crypto derivatives market.
The Chiliz team is also behind the Socios.com fan voting and reward app, with partnership with major football clubs including FC Barcelona, Atlético de Madrid, Paris Saint-Germain, Juventus, AS Roma, Galatasaray, CA Independiente, and esports giants OG.
The CEO & Founder of Chiliz and Socios.com expressed his excitement for joining forces with Alameda Research.
Alameda Research has built the most sophisticated trading systems in the crypto world — a full-scale global operation that can trade on all major exchanges & markets. I’m delighted to be able to plug $CHZ into that operation, and warmly welcome the Alameda team as an anchor partner & strategic investor of Chiliz.
Ealier this year, Chiliz partnered with decentralized oracle network Chainlink in order to mint Non-Fungible Tokens (NFTs) in real-time.
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