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Phillip Securities' Japanese subsidiary cooperates with BlackRock's Securitize to provide security token issuance support for Sony's new movie

The Japanese subsidiary of Singapore-based Phillip Securities has invested in Sony's "Hero Island" and plans to issue security tokens to facilitate consumers to invest in the movie through digital securities. It is understood that the relevant issuance technology is provided by Securitize Japan, whose parent company is supported by BlackRock. The film is scheduled to be released in 2025, but the issuance of small batches of 100,000 yen (629 US dollars) will start next week. Investors can participate in the film's revenue sharing (part of the box office revenue), including theater distribution, video and broadcast sales, value-added bonuses, etc., and may also have the opportunity to participate in additional shots, attend the film premiere, receive promotional posters, and even appear in the end credits. (LedgerInsights)

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