NEW:
@Chiliz launches
@FanTokens for college sports teams via
@Socios.
The program starts with LSU, Maryland, Michigan State, Penn State, and Texas A&M, with a portion of token sales directed toward NIL funding for student-athletes.
These schools are the first U.S. sports teams to launch Fan Tokens, with Socios planning to scale to 30 athletic departments over 12 months.