Chiliz’s Socios Europe Services secures MiCA license for crypto asset services
Key Takeaways
- Socios Europe Services Limited became the first sports-focused platform authorized under the MiCA regulation in all 27 EU countries.
- Chiliz published a MiCA-compliant white paper for its CHZ token and will begin registering Fan Token white papers with ESMA.
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The Malta Financial Services Authority (MFSA) has authorized Socios Europe Services Limited, part of The Chiliz Group, as a Crypto-Asset Service Provider. This makes it the first sports-focused platform licensed under the Markets in Crypto-Assets (MiCA) Regulation across all EU member states.
The MiCA authorization cements the company’s leadership role in regulated web3 applications for sports and entertainment, according to Chiliz founder and CEO Alex Dreyfus.
“This milestone validates our long-term vision of building a compliant, sustainable blockchain infrastructure that empowers fans and organizations within Europe and beyond,” said Dreyfus in a statement.
The authorization enables over 400 million European fans to access regulated crypto-asset services, including purchasing and trading fan tokens on Socios.com. The license covers custody and administration of crypto assets, exchange of crypto assets for funds, crypto asset placement, and transfer services on behalf of clients.
The team noted that fan engagement features, such as polls, loyalty programs, or dApp access, remain outside MiCA’s scope.
Chiliz also released a MiCA-compliant white paper for its CHZ token to ensure transparency for European users and trading partners. The company has begun the process to register white papers for individual Fan Tokens with ESMA through the MFSA.
“These regulatory milestones deliver the foundations for the next phase of SportFi growth, as further transparency and regulations help to create an ecosystem that can tokenize real-world assets (RWA) from the sports sector, and democratize access to those assets on-chain. It’s a pivotal moment for our community and partners as we continue to grow our ecosystem,” Dreyfus stated.
Socios.com’s platform operations will transition to Socios Europe Services Limited on October 1, 2025, implementing new complaint-handling procedures and updated legal documentation through a new Legal Hub on the website.
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