From Bitcoin to Big League Sports
Professional sports franchises have been among the most durable stores of value in American business, and for generations the leagues largely kept institutional investors outside the ownership structure. That has changed. All four major U.S. leagues now permit some form of passive institutional ownership, the NFL most recently in August 2024, and the race is on to build structures that let ordinary investors participate in an asset class that has always required an eight or nine figure check.Shares of Sono Group N.V. (Nasdaq: SSM) are surging Tuesday after the company announced a ...