Particle.news
Download on the App Store
3 ARTICLES
·
last yr.

Vestible Inc. Introduces Athlete Investment Platform with Broncos' Browning as First Offering

The platform, approved by U.S. regulatory authorities, allows fans to invest in athletes' futures, starting with an IPO for Denver Broncos linebacker Baron Browning.

Overview

  • Vestible Inc. launches a new investment platform allowing fans to buy and sell shares in athletes' future earnings, starting with Denver Broncos linebacker Baron Browning.
  • The platform received approval from the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority, with Browning's IPO set for the week of March 18.
  • Investors can purchase up to 100,000 shares at $10 each in Browning's offering, with the potential for monthly dividend distributions or trading on the platform.
  • Browning, transitioning successfully from inside linebacker to edge rusher, represents the type of athlete with significant upside potential that Vestible aims to support.
  • Vestible plans to expand its offerings to include athletes from the NFL, NBA, college football, and NCAA men's and women's basketball in the coming months.