RWA DeFi moves into sports finance with tokenized football club revenues. A new protocol on Chiliz is providing football clubs with faster access to liquidity by converting future media and broadcasting revenues into tokenized, onchain assets.

"Investors supply capital to decentralized pools, while clubs gain faster access to funding without relying on banks or specialized funds that often charge high fees and impose heavy administrative requirements. Decentral will hold an initial liquidity pool of $1 million in the USDC stablecoin, with a 90-day lock-up period and an anticipated 12% APY, Chiliz said in Monday's announcement."

Top comment by @Spencer420

More coverage

• Real-World Assets in Football: Sportimex's Pioneering Treasure for ... (sportimex.app)
• Own a Football Club for $100: What Are RWAs? - Reef Chain News (blog.reef.io)
• Can Blockchain Unlock True Fan Ownership in Sports Through ... (avax.network)
• RWA.xyz | Analytics on Tokenized Real-World Assets (app.rwa.xyz)
• Why Sports is the Next Trillion-Dollar Asset Class - Chiliz (chiliz.com)

Explore the topic

• Real World Assets
• Liquidity
• Media
• Onchain Liquidity