Represented by Prema Thiele and Carol Derk, BLG has partnered with BlockFilm Inc. on the launch of its global digital platform that connects companies creating film, documentary and other multimedia projects with potential investors and fans.
Working with BLG, BlockFilm obtained a novel decision from the Canadian Securities Administrators exempting it from certain securities regulatory requirements. This means BlockFilm's platform can host marketing and project information from film companies seeking to raise money by selling tokenized securities to sophisticated investors, or reward-based tokens to movie fans.
This groundbreaking decision will have a tremendous impact on the global film industry, making it easier for creative talent to connect with investors and fans around the world.