PANews reported on December 25th that, according to a Hong Kong Stock Exchange announcement, Virtual Mind Holding Company Limited (stock code: 1520) issued a supplementaryPANews reported on December 25th that, according to a Hong Kong Stock Exchange announcement, Virtual Mind Holding Company Limited (stock code: 1520) issued a supplementary

Tianji Holdings plans to invest HK$10 million in sports IP projects, combining Web3 and AI technologies.

2025/12/25 20:55

PANews reported on December 25th that, according to a Hong Kong Stock Exchange announcement, Virtual Mind Holding Company Limited (stock code: 1520) issued a supplementary announcement clarifying the use of funds from the share subscription and warrant issuance. The company plans to raise approximately HK$60 million through the share subscription and warrant issuance, of which approximately 16.6% (HK$10 million) will be used to advance existing sports-related intellectual property projects, including the development, promotion, marketing, and member interaction activities of physical and digital intellectual property products related to La Liga clubs.

The company will leverage Web3 blockchain technology to empower its intellectual property products, enabling products to be "on-chain" and creating unique and traceable digital identities. At the same time, it will combine artificial intelligence and virtual reality technologies to digitize products, such as displaying videos, animations, or enabling real-time interaction by scanning sports collectible cards.

Market Opportunity
Story Logo
Story Price(IP)
$1.451
$1.451$1.451
+0.27%
USD
Story (IP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52
MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review

MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review

The post MicroStrategy Bitcoin Strategy Faces Dilution Risks Amid Stock Decline, MSCI Review appeared on BitcoinEthereumNews.com. MicroStrategy stock dilution arises
Share
BitcoinEthereumNews2025/12/27 05:01