Binance Partners with Chiliz, JUV and PSG Tokens to Be Listed on Launchpool

By Abhimanyu Krishnan | News | 15 Dec 2020


Binance and sports-focused blockchain platform Chiliz have formed a strategic partnership, according to a blog post published on Dec. 14. 

  • Binance will list the Juventus (JUV) and PSG Eindhoven (PSG) team tokens on the Binance Launchpool platform
  • The two tokens will be tradeable against BTC, USDT and BUSD from 6:00 AM UTC, Dec. 21  
  • Both JUV and PSG are utility tokens that let fans exert a tokenized share of influence on fan polls; other use cases include staking and rewards redemption
  • Chiliz runs several team-based tokens through its Socios.com platform, letting fans trade the tokens for exclusive merchandise and tickets
  • Binance is also an early investor in the Chiliz platform, which has already partnered with major football teams like FC Barcelona, Atletico Madrid and AS Roma
  • The Barcelona token in particular drew considerable interest, selling out in just two hours 
  • Chiliz plans to introduce gamification features, leaderboards and NFT-based events in the coming months

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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