While fan token markets have been quiet in 2025, Chiliz Group’s empire is slowly growing, and now CHZ price is set to slam high.
Chiliz Group, the blockchain company behind Socios.com, has taken a majority stake in OG Esports, fueling speculation over whether its native token CHZ could eventually aim for the $0.20 level.
The company said on Tuesday it acquired a 51% controlling interest in OG, naming co-founder and former shareholder Xavier Oswald as the new CEO.
Socios.com will now serve as the exclusive wallet and engagement platform for the $OG Fan Token.
The deal, announced on September 16 in Madrid, is intended to expand OG’s operations and deepen Web3-based fan engagement within the Chiliz network.
The move comes as OG’s fan token reached a major milestone, becoming the first esports-focused token to cross a $100M market cap.
Independent esports outlets also confirmed the purchase and management shake-up, highlighting how tokenized fan assets continue to attract investor attention.
Chiliz has been steadily broadening its regulatory and product base this quarter. On August 29, Socios Europe Services, part of the Chiliz Group, received MiCA pre-authorisation from Malta’s financial regulator, a step toward full compliance across the European Union. In June, the company also revealed plans for a $DOJO Fan Token with Ninjas in Pyjamas, signaling its push further into esports beyond its football partnerships.
At the time of writing, CHZ traded around $0.0417 with daily volume near $39M.
(Source – CHZ USDT, Tradingview)
While still far from the $0.20 mark, the new acquisition adds weight to Chiliz’s long-term ambitions in esports and tokenized fan engagement.
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Chiliz (CHZ) is attempting to establish a higher low after its recent breakout, with traders weighing whether the move can hold.
The token has just been resisting at a price of between $0.043 to $0.045, where the selling pressure has taken a row and the price has returned to the support.
Technical patterns indicate that CHZ has broken a downward trend line based on the summer highs, indicating that the corrective phase is over.
The price is consolidating now just below immediate resistance, and buyers are looking to defend higher levels to continue with the price.
(Source – X)
In case the sellers gain control, CHZ might revert to the support levels of between $0.0407 and $0.0397. This is also the breakout retest level, and so it is also an important point to observe. Any failure here would give the token a greater downside risk of $0.0353.
