Chiliz Launches $50M Incubator Chiliz Labs

Chiliz, the global blockchain leader for Web3 sports and entertainment, announced the launch of its $50M USD incubator and accelerator programme Chiliz Labs. Backed by Jump Crypto, Chiliz Labs will invest, support, and empower early-stage blockchain projects that help to grow the web3 sports industry and deliver long term value to fans and sports brands.

According to TokenInsight data, the price of $CHZ went up by 6.89% over the last 24 hours, trading at $0.143079 now.