Launching Fan-Token Strategies in U.S. Sports: A Guide for Teams
The long-awaited regulatory clarity on fan tokens has finally arrived, marking the end of a frustrating period of uncertainty for U.S. sports teams. On March 17, 2026, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission issued joint guidance, formally classifying fan tokens as digital collectibles and digital tools. This development is a game-changer for Ameri…