Chiliz Group Acquires 51% of OG Esports

Chiliz Group Acquires 51% of OG Esports

Mergers and Acquisitions

16 September 2025 17:22

The Chiliz Group, blockchain provider for sports and entertainment, has acquired a 51% controlling stake in OG Esports, the Dota 2 powerhouse and multi-title esports organization.

Founded in 2015 by, OG Esports made history with back-to-back The International wins and has since expanded into Counter-Strike, Honor of Kings, and Mobile Legends.

As part of the deal, Xavier Oswald will become CEO of OG. Sundstein and Debs will lead a new strategic project focused on competitive performance and Web3 innovation.

Chiliz and OG previously partnered on the $OG Fan Token, which recently surpassed a $100 million market cap—the first for an esports token. The token provides fans with voting rights, exclusive content, and experiences.

Following the acquisition, Socios.com will become the exclusive wallet and engagement platform for $OG. The token will now integrate real-world perks like tickets, merchandise, and revenue-linked features such as buybacks.

“OG has always been about community and innovation,” said Alex Dreyfus, CEO of Chiliz. “This acquisition allows us to showcase the next evolution – Fan Tokens 2.0.” More:The International 2025 Concluded

Tags: OG Esports

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Chiliz Group Acquires 51% of OG Esports

Mergers and Acquisitions

16 September 2025 17:22

Tags: OG Esports

The Chiliz Group, blockchain provider for sports and entertainment, has acquired a 51% controlling stake in OG Esports, the Dota 2 powerhouse and multi-title esports organization.

Founded in 2015 by, OG Esports made history with back-to-back The International wins and has since expanded into Counter-Strike, Honor of Kings, and Mobile Legends.

As part of the deal, Xavier Oswald will become CEO of OG. Sundstein and Debs will lead a new strategic project focused on competitive performance and Web3 innovation.

Chiliz and OG previously partnered on the $OG Fan Token, which recently surpassed a $100 million market cap—the first for an esports token. The token provides fans with voting rights, exclusive content, and experiences.

Following the acquisition, Socios.com will become the exclusive wallet and engagement platform for $OG. The token will now integrate real-world perks like tickets, merchandise, and revenue-linked features such as buybacks.

“OG has always been about community and innovation,” said Alex Dreyfus, CEO of Chiliz. “This acquisition allows us to showcase the next evolution – Fan Tokens 2.0.” More:The International 2025 Concluded

Share:

Sources:

Report mistake Submit news

Related news

View All

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OG, one of the most renowned organizations in esports, is facing significant financial challenges despite securing several high-profile sponsorships, including...

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Jul 31, 2025

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Jul 15, 2025

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