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Alchemy Pay Expands Support to Chiliz (CHZ) Chain and Fan Tokens

July 10, 2024
in Blockchain
Reading Time: 2 mins read
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Chiliz (CHZ) Chain Announces Tokenomics 2.0 with Inflation Model and Burn Mechanism
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Alchemy Pay, the global leader in fiat-crypto payment gateways, has announced an expansion of its support to Chiliz (CHZ) Chain, according to Chiliz. This strategic move integrates Alchemy Pay’s services with the Chiliz ecosystem, allowing users to engage with a range of Fan Tokens seamlessly.

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Integration Details

The integration currently includes Chiliz’s native token CHZ and several Fan Tokens such as ACM (AC Milan), ARG (Argentina National Team), ATM (Atletico Madrid), among others. Future plans include adding more tokens like JUV (Juventus) and ASR (AS Roma).

This collaboration signifies the growing importance of integrating fiat and crypto payment solutions to meet the evolving needs of the sports and entertainment sectors. It offers fans a seamless way to engage with their favorite teams and clubs.

Enhanced User Access

By leveraging Alchemy Pay’s extensive fiat-crypto payment capabilities, which span 173 countries and support over 50 fiat currencies, Chiliz enhances user access to tokens through various payment methods. These include Visa, Mastercard, local mobile wallets, and domestic bank transfers.

The integration aims to make it easier for fans to buy and sell Fan Tokens, thereby fostering greater engagement and interaction within the sports community. Alchemy Pay’s on & off-ramp feature for purchasing and selling crypto and local fiat currencies is now available for users.

Future Prospects

Alchemy Pay and Chiliz are at the forefront of pioneering new opportunities in crypto payments within the sports industry. This partnership is expected to bring fans and brands closer, offering innovative solutions that enhance the overall fan experience.

For further information, the official announcement can be found on Chiliz.

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