The plan is to represent actual equity interests under the Socios Equity Token brand.
The global professional sports franchise market is estimated around $500B.
RWA is moving into a very different asset class.
Sports team ownership is coming onchain
Securitize and https://t.co/RBeSzc0o10 are partnering on regulated tokenized equity tied to minority stakes in professional sports teams.
This is not another fan token.
Exchange deposits can indicate potential selling, but they can also be related to custody or execution.
With HYPE near record levels, these flows are worth tracking closely.
Multicoin moved $59M in HYPE to Coinbase
On-chain data shows Multicoin Capital deposited roughly $59M worth of $HYPE to Coinbase over the past 30 days.
Another 81,300 HYPE was transferred recently.
BlackRock’s IBIT alone brought in about $277.6M, while Fidelity and Grayscale saw some outflows.
BTC may be consolidating around $80K, but institutional demand hasn’t disappeared.
Bitcoin ETFs keep attracting money
U.S. spot Bitcoin ETFs recorded another $242.24M in net inflows on Aug. 27.
That makes 9 consecutive positive trading days.
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