PANews April 29 news, according to CoinDesk, the sports blockchain platform Chiliz is expanding its more than 70 fan tokens to the Solana and Base networks, adopting the "fully cross-chain fungible token" standard, allowing fan tokens to have a unified supply across each supported chain, eliminating the issues of wrapped tokens and liquidity fragmentation.

Chiliz launched its own Layer 1 network for token trading in 2023 and is now transitioning to a "fully cross-chain distribution" model. Chiliz hopes this expansion will significantly increase the trading volume of fan tokens before the summer World Cup this year, having already launched tokens for the Argentina and Portugal national teams, with more expected to be announced in June.

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