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Japanese Cryptocurrency Exchange Coincheck Partners With Chiliz And Socios

Cointelegraph Japan reports that the Japanese cryptocurrency exchange Coincheck is in collaboration with major worldwide fan token makers, Chiliz and Socios.

Japanese #crypto exchange @coincheckjp continues to expand its #NFT marketplace by partnering with @Chiliz_Japan — Cointelegraph (@Cointelegraph) February 1, 2021

The company made an announcement on Monday that as a part of the new partnership, Coincheck will record Chiliz and Socios’ fan tokens on Coincheck’s non-fungible token, or NFT, marketplace.

Coincheck mainly made a declaration that it was considering launching an NFT website. Recently an announcement was made regarding Coincheck’s platform that it has already recorded various NFTs for five popular games gaining publicity to over 2.2 million customers.

Kensuke Amo, Coincheck’s executive director, said that the current relationship with Chiliz is intended to provide local sports fans with more opportunities. Amo said:

 “Japanese users will have the opportunity to get to know Chiliz and get closer to some of the biggest sporting organizations in the world by purchasing NFTs on Coincheck’s NFT marketplace,”

The CEO of Chiliz and Socios Alexandre Dreyfus stated that the partnership would enable Japanese users to own assets linked to some of the biggest clubs in the world, such as FC Barcelona and Juventus. The latest collaboration is in accordance with the global extension of Chiliz and Socios and NFT plans for 2021, he said, adding:  

“We’re really focused on NFTs in 2021 and have the potential to launch them with every single one of our partners. We’ll also be looking to give them a certain utility — for instance the chance to redeem rewards linked to the particular club,”

Chiliz and Socios, with prominent global soccer clubs such as FC Barcelona, Juventus, and Paris Saint-Germain, are big business outlets renowned for launching fan tokens. The firms ranked their fan tokens on major worldwide exchanges, including Binance, the world’s largest crypto exchange. Over the past 12 months, Chiliz and Socios have produced $30 million for clubs and partners globally.

Source: Cointelegraph | Image: GeTa

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