Pavilion Asset Management Participates in Equity Investment for Content-Based Digital Asset Distribution Business
[Asia Economy Reporter Gong Byung-sun] Pavilion Asset Management, a real estate specialized asset management company, announced on the 7th that it has participated in equity investment in a content-based digital asset distribution business. This equity investment was conducted together with Netpapa, a content distribution platform developer based in the Philippines, and Abacus E&A, an entertainment specialized content planning company.
The ‘Fanverse’ platform, invested in by Pavilion Asset Management, is a next-generation blockchain content distribution platform that conducts fractional sales, public auctions, and joint content production through digital asset businesses in various content online platforms and non-fungible tokens (NFTs). Fanverse was created with the purpose of initially providing services in the entertainment sector based on fandom. Netpapa plans to design and develop various industry-specific platforms, including the game-specialized platform ‘Itemverse’ as well as future physical asset distribution platforms.
Pavilion Asset Management stated, “In overseas markets, real estate-related businesses are also active in NFT-based businesses, so we decided to proceed with business cooperation and investment to prepare in advance,” and added, “Depending on the results of future business cooperation, we also plan to research and develop business models related to NFT businesses associated with real estate fixed low-performing loans (NPL).”
Netpapa explained, “We will launch a platform this year that allows convenient distribution and exchange of various domestic content to domestic and overseas users and investors through collaboration with various domestic financial companies and content planning companies.”
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Pavilion Asset Management holds a diverse asset portfolio centered on real estate, including real estate project financing (PF) investments, unsold properties, real estate funds, asset-backed lending (ABL), asset securitization loans (ABL), and NPL bonds.
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