Hong Kong-based firm Pop Tradition Group has introduced main strategic strikes by way of its subsidiary CPFH.
Pop Tradition Group enters the crypto leisure market with 1,000 acquisitions of BTC
The corporate has introduced plans to buy an extra 1,000 Bitcoin (BTC) inside the subsequent 12 months. The transfer marks the creation of a brand new fund known as the “Crypto Pop Fund,” designed to carry a complete of $100 million, representing the corporate’s full-scale entry into the trillions of Crypto leisure market.
The purpose of the Pop Tradition Group shouldn’t be solely to speculate by way of this fund, however to not solely set digital traits, but additionally to steer the unconventional transformation of the leisure business.
By integrating synthetic intelligence (AI), blockchain, tokenization and gamification applied sciences, the corporate goals to remodel its ticketing techniques at music festivals and live shows, ship real-time interplay experiences to its viewers, and develop funding options primarily based on progressive income fashions.
With this transfer, Pop Tradition Group goals to strengthen its place within the cryptocurrency market and develop into a number one participant within the digitalization of the worldwide leisure business. The corporate’s “Crypto Pop Fund” performs a key position within the integration of conventional leisure and digital belongings.
The initiative has the potential to increase the alternatives the crypto financial system provides to each traders and stakeholders within the music and occasions business.
*This isn’t funding recommendation.
