Brooklyn Nets guard Spencer Dinwiddie has gone from being under the public glare of NBA fans to being under financial regulatory scrutiny when he decided to launch a blockchain investment vehicle earlier this month.

DREAM Fan Shares is Dinwiddie’s blockchain-powered investment platform that allows accredited investors to purchase one of 90 SD8 crypto coins for $150,000 each. The three-year bond will fetch the investor a monthly 4.95% base interest and will mature by 2023. After a year, the token is tradeable, according to media reports.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]