US College Teams Jump into Fan Token Ecosystem

The Fan Token ecosystem has expanded into the US market after five major college teams joined SportFi. This move is significant for the industry as a whole, given the massive size of the American sports market and the popularity of college football.

The teams involved are Louisiana State University (LSU), the University of Maryland, Michigan State University, Penn State University, and Texas AM University. They will be launching their digital assets on Chiliz Chain, which powers the Socios.com fan engagement platform.

Chiliz has pledged to onboard another 30 college teams over the next 12 months, making a strong statement of intent. This expansion could lead to increased adoption and visibility for Fan Token assets in the US market.