Professional Diversity Network Announces Strategic Milestone With Establishment Of Its Wholly Owned Japanese Subsidiary, Colorful Japan

Professional Diversity Network, Inc. (NASDAQ:IPDN) ("IPDN" or the "Company"), a technology holding company focused on the application of AI technologies and AI-powered solutions, today announced a significant strategic milestone with the successful establishment of its wholly owned Japanese subsidiary, Colorful Japan Co., Ltd. ("Colorful Japan"). The new entity will serve as IPDN's core operational and investment platform in Asia, spearheading the Company's expansion into the Real-World Asset ("RWA") powered entertainment sector and marking the official acceleration of its global RWA strategy across key Asian markets.Amid the accelerating convergence of traditional industries and digital finance, RWA is emerging as one of the most promising growth sectors in fintech. According to McKinsey & Company, the global RWA market is projected to reach approximately $2 trillion by 2030. Leveraging its deep experience in capital markets, digital assets, and cross-border strategic integration, IPDN continues to strengthen its forward-looking RWA positioning, identifying the convergence of entertainment, finance, and Web3.0 as a major next-generation growth engine.With the establishment of Colorful Japan, IPDN has designated Japan as the strategic hub for its Asian entertainment RWA initiatives. The Company plans to host and invest in more than 10 RWA-themed music festivals over the next two years, anchored in Japan and expanding regionally. By integrating global top-tier artists, international DJs, and cross-border entertainment resources, IPDN aims to create immersive experiences that combine large-scale entertainment with financial innovation.Building on this vision, IPDN is redefining music festivals as next-generation financial vehicles and RWA asset issuance platforms. By integrating live entertainment with digital asset frameworks, the Company aims to create a closed-loop ecosystem that expands revenue models while offering global investors new avenues for participation. This approach is expected to accelerate the transition of RWA from an abstract concept to a scalable real-world implementation.Looking ahead, IPDN will leverage Colorful Japan as a strategic anchor to expand across Asia and progressively replicate its entertainment RWA model in key regions including South Korea, Southeast Asia, and the Middle East. The Company also plans to integrate AI-driven analytics, fan economy models, and digital asset trading mechanisms to enhance pricing efficiency and liquidity of RWA assets, ultimately building a standardized and sustainable global ecosystem.