Derlin Holdings: Plans to tokenize assets with a value of up to HKD 500 million, which will be tokenized through the blockchain infrastructure provided by Asseto

Derlin Holdings (01709.HK) announced that the group plans to tokenize assets with a total value of up to HK$500 million, involving certain interests in Wellington Street, Central, Hong Kong, and three fund assets managed by the group. This project will be tokenized through the blockchain infrastructure provided by Asseto and given to qualified shareholders, Derlin Securities compliant users, and NeuralFin platform certified users in a compliant distribution manner, with a total amount not exceeding HK$60.00 million. The implementation of the project is subject to the final approval of the Hong Kong Securities and Futures Commission, and aims to accelerate the on-chain transformation of traditional financial services, bringing industry-first and virtual-real integration demonstration value to the Hong Kong financial market. [Foresight News]