London, 20 Feb 2025 — Chiliz Group, the leading blockchain provider for the sports and entertainment industry, is thrilled to announce that Cointelegraph, the global digital media powerhouse covering blockchain tech, crypto assets, and emerging fintech trends, has been announced as the newest validator on Chiliz Chain. This strategic move strengthens the network's governance, security, and scalability while bringing valuable media expertise to the sports blockchain sector.
Cointelegraph joins an illustrious group of validators that includes French state-owned energy giant EDF Group, football giant PSG, Korea's premier K League, global crypto exchange OKX, and gaming powerhouse Animoca Brands. The addition of Cointelegraph as a validator further diversifies the network's governance structure and enhances its credibility in the blockchain space.
Cointelegraph’s participation in Chiliz Chain is also a milestone for its new Cointelegraph Decentralization Guardians (CTDG) project, which ensures that power remains distributed and networks remain secure through a community-driven approach.
The announcement comes at a pivotal moment for Chiliz Chain, which has demonstrated remarkable growth with over two billion CHZ currently staked. This substantial Total Value Locked (TVL) showcases the robust health of the network and the strong trust placed in it by participants across the sports and entertainment ecosystem.
This partnership coincides with significant developments in the Chiliz ecosystem, including the recent launch of the Socios.com non-custodial wallet and Fan Token Staking. The ecosystem continues to expand with upcoming initiatives such as the highly anticipated hackathon at Paris Saint-Germain's Parc des Princes stadium.
Yana Prikhodchenko, CEO of Cointelegraph, commented:
“Becoming a validator on Chiliz Chain is a natural extension of Cointelegraph’s mission to support and promote blockchain innovation. Chiliz Chain has established itself as a pioneer in the sports and entertainment space, and we’re excited to contribute to its growth and success. This partnership also underscores the principles championed by our Web3 Decentralization initiative under Cointelegraph Decentralization Guardians’ product. True decentralization thrives on shared values and collective participation, and Cointelegraph actively supports governance and transparency to ensure robust security.”
Alexandre Dreyfus, CEO of Chiliz, added: “Having Cointelegraph join as a validator marks another significant milestone for Chiliz Chain. Their expertise in the blockchain space and their role as a leading crypto media platform brings invaluable perspective to our network. The timing couldn't be better, as we continue to expand our ecosystem with new products and features, while maintaining the robust security and decentralization that our significant TVL demonstrates.
About Chiliz Group
The Chiliz Group is the creator of Fan Tokens and the developer of Chiliz Chain, the first and leading blockchain ecosystem for the global sports industry. Already serving over two million global users through its flagship fan engagement platform, Socios.com, Chiliz Chain supports more than 70 Fan Tokens from some of the world’s largest sports brands, including FC Barcelona, Paris Saint-Germain, and Manchester City.
Chiliz Chain, the Layer-1 blockchain, has been specifically designed for the sports and entertainment industry. Through developer and community involvement, the Chiliz ecosystem supports any sporting organization looking to unlock blockchain innovation.
About Cointelegraph Decentralization Guardians
Cointelegraph Decentralization Guardians (CTDG) is a new Cointelegraph project committed to strengthening blockchain decentralization through high-performance validators. Beyond infrastructure, CTDG fosters a community-driven approach to ensure distributed power and network security. By actively supporting governance and transparency, CTDG helps maintain the core values of decentralization.
CTDG provides dedicated pages for each blockchain network, offering in-depth analytics, validator performance metrics, and decentralization insights. These resources give delegators a comprehensive view of network health, staking dynamics, and governance activity, enabling informed decision-making and reinforcing a decentralized ecosystem.
About Cointelegraph
Founded in 2013, Cointelegraph is the leading independent digital media resource covering a wide range of news on blockchain technology, crypto assets, and emerging fintech trends. The Cointelegraph team delivers the most accurate and up-to-date news daily from decentralized and centralized worlds.