KEY TAKEAWAYS
- Chiliz partners with Paribu to merge blockchains, enhancing the Chiliz ecosystem in Turkey.
- The integration will migrate Paribu’s Ethereum-based tokens to the Chiliz Chain, unifying the Turkish Fan Token community.
- Chiliz aims to leverage Paribu’s market presence to expand partnerships with Turkish sports teams.
- A strategic tokenomics model will manage the CHZ supply, ensuring long-term economic stability.
Istanbul, 14th August 2025: Chiliz, a leading blockchain provider for the sports and entertainment industry, has announced a strategic partnership with Paribu, one of Turkey’s prominent crypto exchanges. This collaboration aims to strengthen the Chiliz ecosystem in Turkey, a key market for the company, where ‘Fan Token’ is a registered trademark of the Chiliz Group.
The partnership will involve the merging of the Paribu Net blockchain with the Chiliz Chain. This integration is expected to expand the Chiliz ecosystem by incorporating over 250,000 wallets. Efforts will be made to migrate Paribu’s tokens on the Ethereum blockchain, including those of Besiktas (BJK) and Fenerbahce (FB), to the Chiliz Chain. This move aims to unify the Turkish Fan Token community within the global Chiliz ecosystem.
Technical Integration and Market Expansion
Beyond the technical aspects, this partnership provides the necessary market access for sustainable growth. Chiliz plans to leverage Paribu’s established relationships and its own blockchain infrastructure to pursue new partnerships with Turkish sports teams. This collaboration is seen as a step towards expanding the Turkish Fan Token market.
To facilitate the merger, existing Paribu Net Tokens (PRB) will be converted into Chiliz (CHZ) for Paribu Token holders. This process will be managed through the upcoming ‘Pepper 8’ network fork, where newly minted CHZ will be distributed to PRB token holders. Following this, the Paribu Net blockchain will be discontinued.
Strategic Tokenomics and Future Outlook
The integration is governed by a strategic tokenomics model. While the swap requires a one-time increase in CHZ supply, a deflationary cycle beginning in Year 3 is designed to offset this. The total supply is expected to normalize to its original schedule by Year 8, ensuring a neutral long-term economic impact while maintaining the token’s original supply trajectory.
Alexandre Dreyfus, CEO of Chiliz, stated, “Turkey is at the heart of the global SportFi movement, and partnering with a trusted industry leader like Paribu marks the beginning of a bold new chapter for us.” Yasin Oral, CEO of Paribu, added, “Partnering with Chiliz is a natural step forward – uniting our Fan Token community with the global SportFi leader to create a stronger, more integrated ecosystem for Turkish sports fans and the broader crypto space.”
Paribu has been a foundational supporter of the Chiliz ecosystem, serving as a validator on the Chiliz Chain and being one of the first exchanges to list the CHZ token and Fan Tokens. The full announcement can be read here.
Why This Matters: Impact, Industry Trends & Expert Insights
Chiliz and Paribu have announced a strategic blockchain merger to enhance the Turkish Fan Token market, aiming to unify the Turkish Fan Token community within the global Chiliz ecosystem.
Recent industry reports indicate that blockchain mergers and acquisitions are surging, driven by institutional interest and strategic consolidation. This trend is evident in the Chiliz and Paribu partnership, which seeks to expand the Chiliz ecosystem and enhance market access in Turkey.
A ViewFi report highlights that blockchain partnerships in sports are transformative, enhancing transparency and fan engagement. This supports the significance of the Chiliz and Paribu merger, as it aims to integrate Turkish sports fans into a broader blockchain-based sports ecosystem.
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