Chiliz Acquires 51% of OG Esports as OG Fan Token Becomes First Esports Token to Top $100M Market Cap

On September 16, official disclosures confirm that Chiliz Group has acquired a 51% stake in OG Esports, giving Chiliz a majority position in the renowned competitive gaming organisation. The transaction reinforces Chiliz’s strategic positioning in the intersection of sports finance and digital fan engagement while providing a clear corporate pathway for integrating token-based fan services.

Founded in 2015 by Johan “n0tail” Sundstein and Sébastien “Ceb” Debs, OG is historically notable as the first team to win The International consecutively. OG launched the OG Fan Token in 2020, and that token recently became the first esports fan token to surpass a market capitalization of $100 million, a milestone that highlights expanding market adoption of fan-token instruments.