Exclusive Edition of Steven Gerrard Liverpool Football Club Jerseys Oversubscribed by More Than Thirty to One

HONG KONG, CHINA / ACCESSWIRE / December 4, 2017 / Takung Art Co., Ltd. (NYSE American: TKAT) the operator of three online platforms for trading of shared ownership units and whole pieces of Asian and international fine arts and collectibles, today announced it had entered the sports memorabilia market with an authorization by the Liverpool Football Club ("Liverpool") to launch an exclusive, limited edition collection of 558 signed replicas of the number 8 jersey worn by British football star Steven Gerrard in his 2015 farewell match for the Liverpool club.

Gerrard, who led Liverpool to an unprecedented five European titles and won numerous major awards, is internationally regarded as among the greatest European football players of his generation.

The listing, with just over 1 million tradable ownership units, is the result of a strategic partnership with PNH Group, a leading producer of official products for major European football clubs. It was offered on November 30th on the Takung Unit+ platform ("Unit +") and was oversubscribed by more than thirty-to-one. At the close of trading on its first day, the value of the portfolio had gained more than 50 percent.

"Additional sports memorabilia portfolios are expected to be listed on Unit+, producing meaningful listing fee revenue for Takung going forward," said CEO Mr. Di Xiao.

"Such portfolios, especially those connected to European football clubs - which have some 400 million fans in China -- are also expected to attract increasing numbers of new traders to Unit+," added Mr. Xiao.

"Some of these traders," he said, "will likely become users of Takung's standard Unit art trading platform."

Unit+, launched in September, is a trading platform featuring portfolios comprising multiple copies of sports memorabilia and other collectibles. Through this platform, investors may buy and trade shared ownership units of these items and may opt to exchange a designated number of the units they own to take direct ownership of an item. Investors in the Steven Gerrard portfolio may exchange 1,800 units for each jersey.

Takung collects listing fees on the initial listing values of new Unit+ portfolios, commissions on trades made by investors using the Unit+ platform, and management fees for the storage, transportation, and insurance of all items in Unit+ portfolios.

"Our ability to offer exclusive portfolios in popular asset classes such as sports memorabilia is one of Takung's key marketplace advantages," noted Mr. Xiao. "We look forward to soon announcing further listings of this kind, each of which will further solidify Unit+ as our second revenue-producing platform and improve our top and bottom lines."