Chiliz, the owners of the Socios fan token and fan engagement platform, has acquired a 20-per-cent stake in sports memorabilia company MatchWornShirt.
Chiliz says its investment will bring blockchain authentication and new technology experiences to MatchWornShirt by giving fans new ways to authenticate and engage with collectibles. MatchWornShirt kits will be available to authenticate on the Chiliz Chain through non-fungible tokens (NFT), allowing a decentralized database for certifying items' authenticity.
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