Delin Holdings: Proposed tokenization of assets with an overall value of up to 500 million Hong Kong dollars "
According to online reports, Delin Holdings announced on the Hong Kong Stock Exchange on July 9 that it was actively negotiating with Asseto and promoting specific cooperation projects. The Group plans to tokenize assets with an overall value of up to HK$500 million. The first batch of tokenized underlying assets include certain interests in Delin Building in Central, Hong Kong and asset interests of three funds managed by the Group. It plans to donate the tokenized asset interests to the Company's shareholders, Delin Securities users and NeuralFin platform users through in-kind distribution. The total amount of this distribution is expected to be no more than HK$60 million.
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