MemeStrategy's Tokenized Pokémon Card Fund Draws Strong Demand; Shares Jump 17%

MT Newswires Live

05/12

MemeStrategy (HKG:2440) completed the capital call for its tokenized Pokémon trading card fund, with EVIDENT Platform Services becoming the first limited partner, according to a Monday Hong Kong bourse filing.

Shares of the data transmission and processing service provider for IOT applications were up over 17% in Tuesday morning trade.

The company said the fund's tokens, issued through Hong Kong-licensed digital investment platform EVIDENT, were oversubscribed amid strong interest from institutional and professional investors.

The fund invests exclusively in PSA 10-graded "Pikachu with Grey Felt Hat" collectible cards, released as part of a collaboration between The Pokémon Company and Amsterdam's Van Gogh Museum, the filing said.

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