Chiliz's Socios.com, a leading sports token platform, has announced that it has received a license approval from the Malta Financial Services Authority (MFSA). This license will allow Socios.com to operate as a Virtual Financial Assets (VFA) service provider in Malta. The MFSA license is a significant milestone for Socios.com, as it demonstrates the company's commitment to compliance and regulation. The license also allows Socios.com to offer its services to a wider range of users, including those in Malta and other European countries. Socios.com CEO Alexandre Dreyfus said, "This is a major step forward for Socios.com and the entire Chiliz ecosystem. The MFSA license is a testament to our commitment to compliance and regulation, and it will allow us to offer our services to a wider range of users." Socios.com is a blockchain-based platform that allows users to buy and trade tokens representing their favorite sports teams. The platform has partnerships with over 100 sports organizations, including some of the biggest names in football, basketball, and esports. The MFSA license is the latest in a series of regulatory approvals for Socios.com. The company has also received licenses from the Gibraltar Financial Services Commission and the Spanish Securities and Exchange Commission. These regulatory approvals are a sign that the cryptocurrency industry is maturing and becoming more mainstream. They also provide users with greater confidence and security when using platforms like Socios.com.