RWA enters sports finance.
Chiliz launched a protocol for soccer clubs to tokenize future revenues.
How it works:
→ Club tokenizes ticket sales, merch, broadcast rights
→ Investors provide stablecoin liquidity
→ Returns paid from actual club operations
→ Everything on-chain and verifiable
Not fan tokens (speculation + voting on jersey colors).
Actual claims on real revenue.
Why this matters:
Tokenized treasuries = useful but boring
Tokenized real estate = useful but boring
Tokenized soccer revenue = useful AND something normies care about
Sports clubs are always cash-strapped.
Traditional financing = banks, PE, sketchy owners.
Tokenized revenue = global liquidity, transparent terms, fan participation with real upside.
This might be the RWA use case that actually breaks through.