The Chiliz Group, the largest blockchain sports and entertainment provider in the world, has confirmed the purchase of a 51 percent ownership in OG Esports.The Chiliz Group, the largest blockchain sports and entertainment provider in the world, has confirmed the purchase of a 51 percent ownership in OG Esports.

OG Esports Enters New Chapter as Chiliz Group Secures Majority Ownership

chilli 5

The Chiliz Group, the largest blockchain sports and entertainment provider in the world, has confirmed the purchase of a 51 percent ownership in OG Esports. The strategic initiative is a milestone to both companies, reuniting OG with its original management and placing the legendary esports brand on a faster worldwide trajectory of global expansion by leveraging blockchain-based fan interaction.

The decision to acquire was announced in Madrid, Spain, on September 16, 2025, and is part of Chiliz acquiring coverage of esports more broadly, and demonstrating the next chapter of the fan economy via Web3 technologies.

OG Esports’ Legacy and Global Influence

OG Esports is the most adorned organization in the history of competitive gaming, having been established in 2015 by two legendary players of Dota 2, Johan “n0tail” Sundstein and Sebastian “Ceb” Debs. It turned out to be the first team to become The International champions two times in a row which made the team one of the esports legends.

Over time, OG has diversified beyond Dota 2 to include such huge titles like Counter-Strike, Honor of Kings, and Mobile Legends: Bang Bang. In addition to the success on the competitive front, OG has developed a unique fan-first culture that is anchored on transparency, community engagement, and innovation.

Leadership Changes Signal a Strategic Reset

In the process, Xavier Oswald, a former co-founder and shareholder with OG, has been made Chief Executive Officer. Oswald will guide the next stage of development of the organization, which is connected with the size of operations, commercial growth, and increased involvement of fans.

In the meantime, Johan Sundstein, also known as n0tail, and Sebastian Debs, also known as Ceb, the two original founders of OG, will be leading a new strategic venture that will bring together the competitive underpinnings of the team. Their project is designed to enhance both the long-term sport performance of OG and they are still driving innovation at the esports intersection with Web3.

Socios.com and the Evolution of the $OG Fan Token

One of the main pillars of the acquisition is the increased role of Socios.com that is going to be the sole wallet and engagement platform of the $OG Fan Token. Released in 2020, $OG has become one of the most successful digital fan assets in the history of esports.

The token has recently become the first esports Fan Token to pass a $100 million market capitalization. Through $OG, fans have been able to engage in voting programs, vote in VIP experiences, get access to special merchandise, and communicate directly with the team.

In the hands of Chiliz, $OG will serve as a model of blockchain-based fan utility. It is anticipated that in the future, integrations of tickets, merchandise, digital content, and real-world rewards will be included, and revenue-based systems, like token buybacks.

Expanding OG’s Global Footprint

Through the support of the Chiliz Group, OG Esports will have an access to the network of over 80 sports properties across the world. This coverage will help OG to grow to new markets, appeal to more audiences, and open new business opportunities.

The agreement also enhances the financial capacity of OG which enables the organization to invest sustainably in players, infrastructure and long term innovation. To Chiliz, acquisition makes OG a real-world case on the future of Fan Tokens and community-driven digital economies.

Market Opportunity
OG Logo
OG Price(OG)
$11.643
$11.643$11.643
0.00%
USD
OG (OG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
400 Dolar Altından Ethereum Toplayan Balinalarıyla İlgili Gizli Sinyal Ortaya Çıkarıldı!

400 Dolar Altından Ethereum Toplayan Balinalarıyla İlgili Gizli Sinyal Ortaya Çıkarıldı!

Zincir üstü veriler, maliyetleri 400 doların altında olan “eski” Ethereum (ETH) balinalarının bu döngüde kâr alarak piyasadan çıkışlarının, fiyatın aşamalı zirvelerine
Share
Coinstats2026/01/02 04:02
FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

FCA komt in 2026 met aangepaste cryptoregels voor Britse markt

De Britse financiële waakhond, de FCA, komt in 2026 met nieuwe regels speciaal voor crypto bedrijven. Wat direct opvalt: de toezichthouder laat enkele klassieke financiële verplichtingen los om beter aan te sluiten op de snelle en grillige wereld van digitale activa. Tegelijkertijd wordt er extra nadruk gelegd op digitale beveiliging,... Het bericht FCA komt in 2026 met aangepaste cryptoregels voor Britse markt verscheen het eerst op Blockchain Stories.
Share
Coinstats2025/09/18 00:33