# Blockchain Sports Firm Chiliz To Invest $50 Million In U.S Expansion By Coinness Canonical URL: https://www.tokenpost.com/news/investing/7060 Published: 2021-03-02T08:27:03.000Z Updated: 2021-03-02T08:27:03.000Z Section: Investing > Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyus has told Reuters. Blockchain sports venture Chiliz, which is heavily involved in European soccer, will invest $50 million in an expansion to the United States, chief executive Alexandre Dreyus has told Reuters. The company based in Malta offers tokens to fans which allow them to vote in a series of polls and receive special promotions and rewards, creating what it calls a “new digital revenue stream” for sports organisations through engagement with global fan bases. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)