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Tokenised fund for footballers' image rights launches
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Tokenised funds, which use blockchain-based tokens to represent shares in collective investment vehicles, have been hailed as a way to make the investment industry more accessible to a wider range of investors.
Not only does the technology allow for fractional shares and lower investment limits, it also enables illiquid and niche asset classes, such as footballers’ image rights, to be more turned into investment funds.
According to Tokenchampions, the reason for the fund launch is to facilitate
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