Socios.com received preliminary approval for a Class 3 crypto license from Malta (MFSA) to offer virtual financial assets ⚽

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The Socios.com platform has received preliminary approval for a Class 3 crypto license from the Malta Financial Services Authority (MFSA), bringing it closer to full licensing. Founded in 2018 and owned by Chiliz Group, Socios.com allows users to interact with their favorite sports clubs through tokens, participate in voting, and receive exclusive offers.

The preliminary approval from the MFSA will allow the platform to offer virtual assets in accordance with regulations and enhance fan interaction with clubs like FC Barcelona and PSG. Company CEO Alexandre Dreyfus noted that this decision strengthens trust in the platform and its commitment to regulatory standards critical for the SportFi field, and prepares it for the upcoming EU regulation (MiCA), which will take effect in 2025.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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