Hollywood Producer Raises $100 Million for Media-Focused Security Token 

Proxima Media, a firm founded by film producer Ryan Kavanaugh, has raised $100 million for a token that allows investment in film, TV and music. Proxicoin is built on the ethereum blockchain and allows fractional ownership of film, television, music and other IP-driven content even for small investors, according to the firm.

Source: Hollywood Producer Raises $100 Million for Media-Focused Security Token – CoinDesk

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