Chiliz Group’s 51% stake in OG Esports could boost OG fan token integration into Web3 services
The post Chiliz Group’s 51% stake in OG Esports could boost OG fan token integration into Web3 services appeared on BitcoinEthereumNews.com.
Chiliz acquires OG Esports: The Chiliz Group has taken a 51% controlling stake in OG Esports, integrating the team into the Socios.com fan-token ecosystem to accelerate fan engagement, on-chain rewards, and token utility while OG founders shift focus to a new strategic project. (51 words) Major acquisition: Chiliz buys 51% of OG Esports to expand Web3 fan engagement. OG fan token jumped ~9% to $16.88 after the announcement; it reached an all-time high of $24.78 last week. OG token is the highest-cap fan token on Socios.com; market data referenced from CoinGecko (plain text). Chiliz acquires OG Esports — 51% stake announced; learn what this means for the OG fan token and Web3 fans. Read latest details and market impact. What happened when Chiliz acquired OG Esports? Chiliz acquires OG Esports with a 51% controlling stake, bringing the Dota 2 legacy team into the Socios.com fan-token ecosystem. The acquisition aims to expand token utility, explore NFT ticketing and on-chain loyalty, and align OG’s competitive profile with new Web3 revenue and fan-engagement models. How will the OG fan token be affected by the acquisition? The OG fan token responded immediately: prices rose to $16.88, up nearly 9% on the day of the announcement, after an all-time high of $24.78 ahead of The International 2025. Chiliz plans to make Socios.com the exclusive platform for OG fan tokens and to explore token-based governance, NFT drops, on-chain loyalty, and potential buyback mechanisms. 📣 BREAKING NEWS: The Chiliz Group acquires @OGesports. pic.twitter.com/CTwCC4kZGd— Chiliz – The Sports Blockchain (@Chiliz) September 16, 2025 ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) {…
Filed under: News - @ September 17, 2025 3:20 am