Hong Kong-listed company Tianji Holdings (1520) has recently made a big move. According to a supplementary announcement, the company plans to upgrade its intellectual property services business, with the core strategy of introducing Web3 blockchain and artificial intelligence technologies.

How exactly will they do it? They aim to transform intellectual property products into a digital, decentralized management model, which is indeed a new approach in the traditional intellectual property field.

The financing details also reveal their strength. The company raised funds through the subscription of warrants, with a net amount of approximately HKD 60 million. Of this, HKD 10 million (16.6%) is specifically allocated to expand this Web3 intellectual property business. It’s worth noting that allocating one-fifth of the financing to a new track indicates the company’s serious commitment to this direction.

Honestly, while there are many cases of traditional industries embracing Web3, it’s still relatively rare to see listed companies integrating blockchain and AI into intellectual property management like this. If this plan can be successfully implemented, it could serve as a reference for the digital transformation of the entire intellectual property industry.