Chiliz, a sports blockchain venture, announced a strategic partnership with Binance's mainnet blockchain, Binance Chain in a press release on May 17, 2019. Chiliz ($CHZ) reportedly raised over $66 million from private investors in 2018. In the announcement, Binance CEO Changpeng Zhao said, "Sports is the perfect vehicle through which to educate mass consumers about the potential and the utility of blockchain technology."