Logical Content Ventures, the first European tokenized investment fund specializing in the coproduction of international films and series, has just raised its first €10 million as a Security Token Offering (STO) on the Tezos blockchain.
Logical Content Ventures, the first European tokenized investment fund specializing in the coproduction of international films and series, has just raised its first €10 million as a Security Token Offering (STO) on the Tezos blockchain.
Logical Content Ventures opens the doors of cinema and TV series to private investors[1], family offices, and institutional investors willing to diversify their investments with an asset that is both resilient and uncorrelated to financial markets.
Logical Content Ventures is an evergreen fund relying on the increasing demand for audiovisual content (films, series, documentaries), fueled by the current sanitary constraints which have led many people to subscribe to VOD platforms.
Logical Pictures Group’s President Frédéric Fiore explained:
“The reality of cinema and series today is this: there has never been more content consumed, so the need for financing has never been so strong. With Logical Content Ventures, our mission is to develop the share of private investment in audiovisual content, and therefore strengthen digital trust when it comes to creation.”
The tokenization of Logical Content Ventures presents investors with strong competitive advantages. Not only is it more liquid than traditional asset-backed securities, but it also offers more transparency in the allocation of revenues from the portfolio of films and series held by the fund.
Furthermore, the Tezos blockchain has been deemed the best choice, as it is highly energy-efficient, safe, and stable.
Logical Content Ventures illustrates Logical Pictures Group’s positioning as a leading actor in new technologies applied to cinema, especially via its expert subsidiary Cascade8.
As of now, 3 films co-funded by Logical Content Ventures are being produced:
Logical Content Ventures is registered with the French Financial Markets Authority (AMF) as Other Alternative Investment Fund (AIFM regulation). It is managed by Logical Pictures, a management company registered with the AMF.
As a partner bank, BNP Paribas co-developed the onboarding process and now provides a ‘Know Your Customer’ (KYC) and ‘Anti Money Laundering’ (AML) integrated path.
[1] Minimum investment threshold: €100k
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