Proxicoin
2121 Avenue of the Stars, Los Angeles, California, 90067, United States
Overview
Proxicoin is a securities token created and owned by Proxima Media that allows everyday qualified investors to take fractional ownership in film, television, music and other IP. The token is built on the Ethereum platform, has been fully audited, and has signed a deal to be listed on the Fusang Exchange. Proxicoin holders will also be partial owners of Entertainment Stock X (ESX), a planned aftermarket trading platform where individual film and TV projects can undergo IPOs and be publicly traded. ESX has deals for listings on over 30 major feature film projects and aims to serve a significant share of the roughly 600 major films and television shows shot annually; Proxima expected ESX to launch by the end of 2019. The company announced a $100M investment from The Central Wealth Investment Fund of Hong Kong and Step Ventures, providing immediate capital to advance the token and ESX roadmap. Proxicoin’s team includes industry and technology advisors and a front‑end partnership with Hanzo to develop the ESX platform.
- Total raised
- $100M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- May 2019
Industries
- Advertising
- Broadcasting
- Marketing
- News
Recent funding
Equity
May 2019
$100M
Team
Ryan Kavanaugh
Founder and CEO
LinkedIn