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Hong Kong-listed company Delin Holdings plans to coin US$40 million worth of real estate assets into RWA

On October 13, according to Hong Kong-listed company Delin Holding Group Co., Ltd., the company plans to token approximately US$40 million (equivalent to approximately HK$312 million) of its ONE Carmel Class B membership interests into real world assets (RWA), designed to provide special dividend distribution to shareholders. The tokenization project involves the ONE Carmel residential project in the United States. Delin Holdings believes that it has significant potential for future tokenization and can support the group's digital finance and blockchain plans. The tokenization process will establish a compliant digital asset issuance structure, hold Class B member rights through special purpose entities or trusts, and digitize them into securities tokens.

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