ME News reports that on September 2 (UTC+8), the tokenized assets platform Securitize (NYSE: SECZ) announced a strategic partnership with the sports blockchain platform Socios.com to jointly develop a regulated tokenized product representing minority equity stakes in professional sports clubs—the Socios Equity Token—complying with applicable securities laws, league regulations, club approvals, and jurisdictional restrictions. Under the collaboration, Socios.com will lead sports industry relationships and fan engagement layer development, while Securitize will oversee regulated securities issuance, investor eligibility, and equity registration management. This project is expected to be the first tokenized offering launched under Securitize’s EU DLT pilot regime with full authorization for trading and settlement. Securitize stated that the product is currently under development and not yet available for purchase or investment; details such as participating teams and issuance terms will be disclosed upon individual offering approvals. (Source: Foresight News)
Securitize and Socios.com to Explore Tokenized Equity in Professional Sports Clubs
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Summary
Securitize (NYSE: SECZ) and Socios.com announced a partnership on September 2 (UTC+8) to develop a regulated tokenized product representing minority equity in professional sports clubs, called the Socios Equity Token. The project must comply with crypto regulations, league rules, club approvals, and jurisdictional restrictions. Socios.com will manage sports partnerships and fan engagement, while Securitize will oversee security issuance and investor access. The product is expected to be the first tokenized initiative under Securitize’s EU DLT pilot regime. It is still under development and not yet available for investment. Specific teams and terms will be disclosed after all necessary approvals are obtained.
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