World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading

Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls "omnichain distribution." What to know : Chiliz is expanding its roster of over 70 fan tokens to Solana and Base, the Ethereum layer-2 network developed by Coinbase. Fan tokens are digital assets that represent membership of a community, such as a sports team's fan base. Chiliz said it hopes that expansion to Solana and Base will give its tokens a major trading volume boost ahead of this summer's FIFA World Cup.