MEMESTRATEGY(02440.HK): Subsidiary Plans to Launch Trading Card Financing Business in Q4, First Listed Firm in Asia to Offer Such Service
NewTimeSpace News: MemeStrategy, Inc. (02440.HK) announced on 18 June that its subsidiary intends to launch a trading card financing business in the fourth quarter, making it the first listed company across Asia to roll out this service. The offering allows trading card holders to secure working capital against high-value trading cards. The Group stated the launch will broaden its business portfolio.
NewTimeSpace News: On 18 June 2026, MemeStrategy, Inc. (02440.HK) released a voluntary announcement. Grade10 Finance Limited, the Company’s wholly-owned subsidiary and a licensed money lender under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong), plans to launch a brand-new trading card financing service in the fourth quarter of the current year.
This move marks the Group’s strategic expansion into financial services for the pop culture collectibles market, rendering it the first listed company in Asia to provide trading card financing services.
The service enables trading card operators and collectors to obtain financing secured by their high-value trading cards. Clients can access working capital without liquidating their collectibles, and the funds may also be used to acquire additional cultural collectibles. The Board believes the launch aligns with the Group’s overall strategy to expand business coverage and improve long-term operational sustainability.
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