Derlin Holdings: If it obtains a Hong Kong stablecoin license, it will put traditional financial assets on-chain and provide them to buyers in an RWA manner.

In a recent interview, Chen Ningdi, Chairman of the Board of Directors of Hong Kong asset management and investment services platform Derun Holdings Group, stated that the company will "spare no effort" to apply for a Hong Kong stablecoin license. He also stated that "issuing stablecoins is equivalent to having the right to issue banknotes," so there are extremely high requirements for risk control, technical security, and underlying asset transparency. Once the stablecoin license is approved, Derun Holdings will distribute many traditional financial assets to buyers in the form of RWAs through on-chain methods. In the future, it may also cooperate with some large banks, such as custodian banks, and seek cooperation with virtual currency and digital currency exchanges, hoping to become one of the second or third batches of institutions to be approved for a license. (Sing Tao Daily) [Odaily Planet Daily News]