Journalists Wandering Eyes Posted July 26, 2019 Journalists Share Posted July 26, 2019 SportBLX, a financial technology company with an online platform that enables fans and investors to purchase shares in unique sports assets, has partnered with trainer Kenny McPeek’s new Magdalena Racing Corp. The new corporation will purchase yearlings and other bloodstock with the purpose of creating shareholder value. After completing its offering, Magdalena Racing will seek to profit from the racehorse portfolio for shareholders, who will be given access to unique content and information. “Our goals are to revolutionize fan engagement and the investing landscape,” said George E. Hall, SportBLX’s executive chairman, as well as owner of 2011 GI Belmont S. winner Ruler on Ice (Roman Ruler). “We are delighted to partner with [McPeek] to make a big push in Thoroughbred racing and provide the excitement of racehorse ownership to new investors.” SportBLX will offer information sessions at Saratoga July 27, Aug. 2, and Aug. 3. In addition to horse racing, future SportBLX new offerings will include basketball, baseball, soccer, and golf. “I look forward to applying our time-tested methods for acquiring, developing, and training yearlings,” said McPeek, “and I am excited to take the next step in my career and advance the industry with innovation using financial technology.” For more information, visit sportblx.com/magdalena/. The post SportBLX Partners with McPeek’s Magdalena in New Venture appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article Quote Link to comment Share on other sites More sharing options...
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