Delin Holdings: Plans to Tokenize Assets Worth up to HK$500 Million Using Blockchain Infrastructure Provided by Asseto

Foresight News reports that Deylin Holdings (01709.HK) has announced plans to tokenize assets with a total value of up to HKD 500 million, involving certain interests in Wellington Street, Central, Hong Kong, as well as three fund assets managed by the group. The project will utilize blockchain infrastructure provided by Asseto for tokenization, and the tokens will be distributed in a compliant manner to eligible shareholders, compliant users of Deylin Securities, and certified users of the NeuralFin platform, with the total amount not exceeding HKD 60 million. Implementation of the project is subject to final approval from the Hong Kong Securities and Futures Commission, and aims to accelerate the on-chain transformation of traditional financial services, bringing industry innovation and a model of virtual-real integration to Hong Kong’s financial market.