Chiliz, the blockchain sports platform behind the Socios.com app, has secured a license under the European Union’s Markets in Crypto-Assets (MiCA) framework. This approval, granted to its subsidiary Socios Europe Services (SES) by the Malta Financial Services Authority, allows Chiliz to offer regulated crypto services—including custody, exchange, issuance, and transfer of digital assets—across all 27 EU member states.
The company stated that the license will enhance transparency and investor protection for its European users. Starting October 1, all crypto services on the Socios.com platform will be handled by the licensed subsidiary, which will operate under comprehensive oversight. This move gives Chiliz access to a potential market of over 400 million people.
In line with MiCA requirements, Chiliz has also published a new white paper for its native CHZ token and registered additional white papers for its individual fan tokens, providing detailed information on their structure and risks.
Following the news, the price of the CHZ token rose by 3.8% over the past 24 hours, climbing from approximately $0.0406 to $0.0420. Despite a more than 30% drop in trading volume, the price increase was driven by steady buying pressure.
September 2025, Cryptoniteuae