BEIJING, April 27 (Xinhua) -- Sun Seven Stars Investment Group, jointly founded by Bruno Wu and Chinese TV host and media entrepreneur Yang Lan, has announced that basketball icon Stephon Marbury will take on the position of chairman in their group's new sports blockchain group.

In February, Marbury retired from basketball with numerous, accomplishments under his belt, and they will always define the glorious "first half" of his career.

On the subject of the "second half" of his career, Marbury said, "It's an honor to join Dr. Wu and Ms. Yang Lan's Sun Seven Stars Investment Group. I believe this is a great enterprise, and we'll be doing a lot of innovation in the sports blockchain sector. We'll be part of the global sports sector, but we are also going to remake it."

Marbury will direct planning and operations for the group's athletic products, content, and branding blockchain services. He will be entering the emerging sector of sports blockchain services and together with his new teammates, create platforms for digital assets in sports.

Marbury, 41, is known for his 22-year professional basketball career and for being a two-time NBA All Star, a former top player with the New York Knicks, and a three-time CBA (China Basketball Association) champion.

In China, he's hailed as the founder of the "Beijing Dynasty," and the first foreign player ever to receive a Chinese "Green Card." He's been named an honorary citizen of Beijing and received the Great Wall of Friendship award.