Socios.com and Securitize Partner on Tokenized Sports Team Equity
Socios.com and Securitize have partnered to develop regulated tokenized equity offerings tied to minority interests in professional sports teams. The companies announced their partnership on September 2, with Socios managing relationships across the sports industry and developing the fan-facing side of the product.
Securitize will provide the regulated securities infrastructure, including issuance, investor onboarding, ownership records, transfer restrictions, and ongoing servicing through its regulated affiliates. This initiative is expected to become the first tokenization project launched through Securitize's authorized European Trading and Settlement System under the EU DLT Pilot Regime.
The Socios Equity Tokens are intended to represent financial interests connected to team ownership, unlike the Fan Tokens already available through Socios.com, which focus on engagement and may provide access to polls, rewards, promotions, or other fan experiences. The rights attached to an Equity Token will depend on its legal structure and offering documents.
The companies stressed that Socios Equity Tokens remain under development and cannot currently be purchased. No teams, prices, launch dates, blockchain networks, or investor requirements have been announced.