HONG KONG SAR, 11 May 2026 — EVIDENT is pleased to announce the successful completion of the initial capital call for the world's first tokenized Pokémon trading card fund, launched by MemeStrategy, Inc. (HKEX: 2440). The tokens of the fund, which launched on EVIDENT's platform in March 2026, was oversubscribed, drawing significant interest from institutional and professional investors across the region.

A New Asset Vertical. A Proven Result.

When we announced the launch of this fund in February 2026, we outlined the institutional case for structured access to cultural collectibles. The closing of the initial capital call is a concrete demonstration that the thesis holds.

The fund invests exclusively in PSA Grade-10 "Pikachu with Grey Felt Hat" collectible cards -a blue-chip asset within the Pokémon card market, released through a collaboration between The Pokémon Company and the Van Gogh Museum in Amsterdam. With an estimated global population of approximately 47,000 PSA-10 graded specimens, supply is permanently capped and independently auditable. Secondary market prices for this card have increased by more than 400% since its limited release in late 2023, and the total market value of the PSA-10 population is now estimated to exceed USD 148 million.

These are not hobbyist figures. They reflect the characteristics EVIDENT applies to every asset vertical before extending its infrastructure: demonstrable market depth, verifiable scarcity, provenance integrity, and proven investor demand.

What EVIDENT's Infrastructure Delivered

EVIDENT provided the tokenization layer, regulatory compliance infrastructure, and secondary market access for this fund. Tokens representing economic interests linked to EVIDENT’s Partnership Interest in the fund were issued on the EVIDENT platform under our SFC-licensed corporation ensuring that token issuance, custody coordination, and secondary market trading all operate within the standards professional investors require.

Physical assets are authenticated, insured, and stored in museum-grade vaults by MemeStrategy's Grade10 Vault service, with annual Proof-of-Reserve audits conducted by a Big Four international audit firm. That combination — regulated digital infrastructure with institutional-grade physical custody — is what makes structured access to this asset class possible for professional investors.

Florian M. Spiegl, Founder and CEO of EVIDENT, commented: "As a licensed corporation in Hong Kong, we are encouraged by the growing adoption of tokenized initiatives and their increasing appeal among professional investors as a means of accessing alternative assets. This collaboration demonstrates that, when supported by robust infrastructure, tokenization can facilitate secure and transparent access to cultural assets, contributing to the continued development of this segment of the digital asset ecosystem."

Ray Chan, CEO of MemeStrategy, said: "The strong institutional interest observed in connection with the initial issuance of the Fund represents an important step in demonstrating how pop culture collectibles can be integrated with modern financial structures within a robust and transparent framework. Institutional investors are drawn to this type of structure primarily for its transparency and streamlined investment channel, which provides exposure without the operational complexities associated with authenticating, storing and trading physical cards. We see this as an early development in the cultural finance space, and we plan to explore a broader range of collectible-related investment products to further unlock its long-term potential."

Why This Matters

The global collectibles market is projected to reach USD 628 billion by 2031. Within that, the collectible trading card segment alone is forecast to grow from approximately USD 15 billion in 2026 to over USD 37 billion by 2034. This is a market that has long lacked the regulated infrastructure to accommodate institutional participation. The oversubscription of the tokens of this fund is an early signal that professional capital is ready to allocate when the access structure meets institutional standards.

EVIDENT's role is to build and operate that infrastructure across asset verticals that meet our criteria. Cultural assets have now been validated alongside fine art, private equity, and private credit as a category where structured, regulated access can be delivered to professional investors.

Looking Ahead

MemeStrategy has indicated its intention to continue building in this space, with a focus on developing secure, transparent, and resilient infrastructure supporting access to cultural assets. EVIDENT remains committed to our consistent approach: identify the strongest issuer in each asset category, apply rigorous institutional criteria, and deliver regulated market infrastructure that professional investors can rely on.

We will continue to expand our platform into new asset verticals where the same combination of market depth, verifiable scarcity, and investor demand is present.

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Disclaimer: This announcement is for informational purposes only and does not constitute an offer or invitation to the public in Hong Kong to invest in the Fund or to acquire or subscribe for any securities or interests in any collective investment scheme. The Fund has not been authorized by the Securities and Futures Commission of Hong Kong and is only available to "professional investors" (as defined in section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance (Cap. 571)). The information provided should not be construed as financial advice or a solicitation, recommendation, or endorsement of any particular security, investment product, or strategy. Investors should seek professional advice of their own before making any investment decisions. For Professional Investors only, as defined under Cap.571 Securities and Futures Ordinance in the laws of Hong Kong Special Administrative Region of China.‍