Jump Trading Invests Unknown Sum into Fan Token Issuer Chiliz
Jump Trading Invests Unknown Sum into Fan Token Issuer Chiliz
The trading giant will help the blockchain startup in its global expansion.
Arnab Shome
2021-04-07T12:04:27+00:00
2021-04-07T12:42:06+00:00 Photo: FM
Jump Trading, a company known for high-speed trading and market-making services, has made an undisclosed equity investment into the blockchain-based fan token issuer, Chiliz.
Announced on Wednesday, the two companies inked a partnership deal to help Chiliz scale its business and expand the fan token ecosystem globally.
“Securing backing from a global trading firm of this stature is a great achievement, providing a massive platform upon which we can continue our mission to build Fan Tokens into a multi-billion dollar digital asset class for sports and entertainment,” Chiliz CEO, Alexandre Dreyfus said in a statement.