Launching Fan-Token Strategies: A Guide for U.S. Sports Teams
For years, U.S. sports teams have been hesitant to launch fan-token programs due to regulatory uncertainty. However, with the recent joint guidance from the SEC and CFTC, the landscape has changed. The guidance classifies fan tokens as digital collectibles and digital tools, providing clarity on their legal status. This development has significant implications for U.S. sports teams, which can now…