🔴 Chiliz Expands Fan Tokens to Solana, Base To Target Larger User Base

Chiliz has expanded Fan Token to Solana and Base ecosystem as it moves from a single-chain setup to a broader, multi-chain model. This change aims to increase access, improve liquidity, and connect sports-based crypto assets with a wider user base.

The Chiliz Chain will remain the core layer for the expansion. It will continue to handle smart contracts, governance votes, and core asset logic. At the same time, Solana and Base will serve as distribution layers. These networks are expected to help crypto reach more users and integrate with existing crypto platforms.

🔸 Chiliz Expands Fan Tokens to Solana, Base

According to the official blog, this change is supported by the Omnichain Fungible Token standard from LayerZero. The framework allows crypto to move across chains and also keeping a single, unified supply. When a token is transferred, it is removed from the original chain and recreated on the new one. This checks duplication and keeps pricing consistent across markets.

The approach also reduces reliance on wrapped assets. Wrapped tokens usually represent a locked version of an asset held elsewhere. This model can create risks and split liquidity across different pools. Chiliz’s system avoids that by maintaining a direct link between tokens across all supported networks.

Security remains a key part of the design. The integration uses a multi-layer verification system. Several independent validators must approve transactions before they are completed to reduce the risk of a single point of failure, which has affected several cross-chain systems in the past.

People will thus be able to access Fan Tokens without going to a separate blockchain. This reduces friction and increases participation in the ecosystem.

The update also introduces a direct link between Fan Token activity and the CHZ token. Chiliz has announced a buyback mechanism tied to ecosystem revenue.

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