Securitize partners with Socios and Dubai regulator

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Securitize partners with Socios and Dubai regulator
Crypto

Yahoo! Finance

Securitize announced a partnership with Socios to offer tokenized, regulated minority ownership stakes in professional sports teams and began work with Dubai's Virtual Assets Regulatory Authority to help develop tokenization and digital asset infrastructure. These agreements expand Securitize's international reach and place its regulated digital-securities technology into both consumer-facing sports channels and a regulator-led market in Dubai. The US-based platform has a $1.1 billion market cap, reported 29.3% revenue growth and forecasts 74.09% annual earnings growth, but it also has negative shareholders' equity and a volatile share price, adding execution and capital risks to monitor.

Securitize will tokenize regulated minority stakes in professional sports teams.

Context

Securitize announced two agreements with Socios and Dubai's regulator. The deals push its tokenization technology into sports and a regulator-led market. The next steps are approved token deals and formal Dubai projects.

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