Click here to read the full article. EXCLUSIVE: Glass House Distribution President Tom Malloy, bitcoin veteran Charlie Shrem and producer Shyam S. Sengupta are unveiling a new digital finance company, Defiine, here at the Cannes Market.
Described as a digital finance solution for independent films, the firm will seek to leverage assets and IP against crypto liquidity pools. The partners say that investors will be able to stake funds on the assets to earn “significant” annual percentage yields. Defiine also says it is collaborating with other companies that have made progress in the NFT and film space.
The company has completed...
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