Securitize and Socios team up to tokenize equity in professional sports teams, marking the first project under the EU DLT Pilot Regime
Securitize and Chiliz Group-powered Socios.com are partnering to develop regulated tokenized equity offerings representing minority stakes in professional sports teams, under the Socios Equity Token brand. This initiative is expected to be the first project launched through Securitize’s fully authorized European Trading & Settlement System under the EU DLT Pilot Regime, aiming to give eligible fans and institutional investors greater access to the estimated $500 billion global professional sports franchise market.
Source:The Block · Source Link
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