Tokenization · New York · The Block
Securitize and Socios team up to tokenize equity in pro sports teams
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★ Tier-1 Source
Tokenization firm 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.
Key facts
- The initiative is expected to be the first project launched through Securitize’s fully authorized European Trading & Settlement System under the EU DLT Pilot Regime, potentially giving eligible fans
- Securitize went public on the New York Stock Exchange in July amid its $400 million SPAC deal
- The market cap for tokenized real-world assets has more than doubled over the past year, nearing $40 billion, RWA.xyz data shows
- Socios.com has issued "fan tokens" with more than 70 sports organizations, most which are soccer-based clubs
Summary
Socios.com will lead sports-industry and fan relationships, while Securitize (SECZ) will handle regulated securities issuance, investor onboarding, ownership records and transfers across its U.S. and European infrastructure. "By connecting fan engagement with regulated tokenized equity, the partnership is intended to serve two distinct audiences: eligible fans seeking a deeper economic relationship with the teams they support, and institutional and private-equity investors seeking exposure to a high-value alternative asset class," the firms said in a press release. The initiative is expected to be the first project launched through Securitize’s fully authorized European Trading & Settlement System under the EU DLT Pilot Regime, potentially giving eligible fans and institutional investors greater access to the estimated $500 billion global professional sports franchise market. Socios.