Would you invest in a play? Hong Kong sets the stage for tokenised funding

Investors can finance part of the production cost of a stage play produced by film star Louis Koo Tin-lok and featuring award-winning actress Fish Liew Chi-yu, after a Hong Kong fintech firm converts it into tradeable digital units. Esperanza Fintech Group CEO Dan Ronald Leung Wai-tsun said on Monday that the firm would launch its fifth project this year using investment tokens, which convert an entertainment production’s costs and profits into small, tradeable digital units via blockchain. T...

By Ambrose Li