Hassan Maishera
On Thursday, the Chiliz team announced via a blog post that it has partnered with Paribu, Türkiye’s leading crypto platform. The two entities will bring together their strengths to drive the next phase of SportFi innovation in Türkiye.
Paribu Net blockchain will merge with Chiliz Chain to unify and strengthen the technological foundations supporting Fan Tokens and broader SportFi applications in Türkiye. By combining Paribu’s deep market presence, proven blockchain expertise, and trusted infrastructure with Chiliz’s blockchain technology purpose-built for sports and entertainment, the partnership aims to create a more accessible, innovative, and integrated ecosystem for fans and partners alike.
Furthermore, the two companies will work side by side to expand the SportFi market in Türkiye, pursuing new collaborations with sports organizations and entertainment brands. As part of the integration, Paribu Net’s native token (PRB) will be converted into Chiliz (CHZ) for token holders.
Chiliz (CHZ) is a digital currency for sports, e-sports, and entertainment platforms and is adaptable across various industries. It aims to foster a blockchain ecosystem built for sports and entertainment. CHZ is down 8% in the last 24 hours and is currently trading at $0.04078.
