Sports Teams Go Digital: Securitize and Socios.com Launch Tokenized Equity Offerings

Securitize and Socios.com are teaming up to develop regulated tokenized equity offerings for professional sports teams. This partnership combines Securitize's expertise in issuing and administering regulated securities with Socios.com's connections with teams, owners, and fans.

The first offering is expected to use Securitize's authorized EU DLT trading and settlement system. Participating teams, investment terms, eligibility requirements, and supported blockchains will be disclosed after individual offerings are approved.

Socios Equity Tokens would represent regulated team ownership and differ from the Fan Tokens that Socios.com has issued with more than 70 sports organizations. While Fan Tokens have primarily been used for digital engagement programs, the planned equity products would tie to minority ownership interests in participating professional teams.