Fantex
Curated by SignalPlatform to buy and sell investments tied to the cash flows of professional athlete
Overview
Fantex is a platform offering securities linked to the earnings generated by a pro athlete’s brand – on and off the field. The way this works is that Fantex acquires the cash flows of professional athletes and turns those cash flows into a stock that is then taken through an initial public offering. Users can invest in those stocks and earn dividends over it. Fantex also works with athletes to build their audience and extend the duration of their brand and earnings potential. As of August 2015, 6 athletes are trading on the platform and have already paid $664,510 to shareholders in the form of dividends.
Key facts
- Founded
- 2012
- Headquarters
- San Francisco, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Investment Technology
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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