Phillip Securities' Japanese subsidiary has partnered with Securitize, a subsidiary of BlackRock, to provide support for the tokenized securities issuance for Sony's new film

ChainCatcher news, according to Ledger Insights, the Japanese subsidiary of Phillip Securities, headquartered in Singapore, has invested in the Sony-produced film "Hero Island" and plans to issue security tokens to facilitate consumer investment in the film 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 a small batch token issuance of 100,000 yen (629 USD) will start next week. Investors can participate in the film's revenue sharing (part of box office revenue), including cinema releases, video and broadcast sales, value-added bonuses, and may also have the opportunity to participate in additional scenes, attend the film premiere, receive promotional posters, and even have their names appear in the end credits.