Chiliz is moving beyond its 2023 layer-1 network by extending more than 70 fan tokens to Solana and Base through an omnichain model aimed at unifying supply and reducing fragmented liquidity.
Chiliz is shifting away from relying primarily on the layer-1 network it launched in 2023 and moving toward an omnichain distribution strategy for its tokens. As part of that transition, the company said it is expanding more than 70 fan tokens to Solana and Base using an omnichain fungible token standard that keeps token supply unified across supported blockchains. According to Chiliz, this removes the need for wrapped tokens, reduces liquidity fragmentation, and is intended to boost fan token trading volume ahead of the summer. The company also said additional national team tokens are expected in June.