MEMESTRATEGY (02440) plans to launch a new collectible card financing service in the fourth quarter.
The decision has been announced that Grade10 Finance Limited (a wholly-owned subsidiary and a licensed moneylender under the Money Lenders Ordinance of Hong Kong (license number: 17/2026)) plans to launch a new collectible card financing service (Grade10 Finance) in the fourth quarter of this year.
MEMESTRATEGY (02440) announced that Grade10 Finance Limited (a wholly-owned subsidiary of the company and a licensed money lender under the Money Lenders Ordinance Cap. 163 of Hong Kong (License Number: 17/2026)) plans to launch a new collectible card financing service (Grade10 Finance) in the fourth quarter of this year. This initiative marks the company's strategic expansion into the financial services sector of the popular culture collectibles market, making it the first listed company in Asia to introduce a collectible card financing service. This service allows collectible card operators and collectors to finance using high-value collectible cards, enabling clients to obtain liquidity without having to sell their collectibles, and even use the funds to further purchase other cultural collectibles.
The Board believes that the launch of Grade10 Finance aligns with the group's overall direction to expand its business scope and enhance its business sustainability. The company has been actively exploring new business opportunities and possibilities in order to bring greater returns to its shareholders.
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