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SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens

SBI Digital Asset Holdings, the crypto asset arm of Japanese securities and banking giant SBI Holdings, announced its partnership with sports blockchain provider Chiliz in a bid to expand the sports fan token ecosystem in Japan.

The pair said in a statement that they plan to set up a joint venture in the country to provide local fans access to tokens from popular football clubs such as Manchester City and AC Milan.

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