Delin Holdings, a listed company in Hong Kong, has signed a memorandum of understanding for a strategic partnership with Asseto Fintech to promote the application of real-world asset tokenization and apply for a stablecoin license in Hong Kong.
MAIN CONTENT
Delin Holdings signs a strategic partnership with Asseto Fintech regarding the tokenization of real-world assets (RWA).
They aim to apply for the first stablecoin license in Hong Kong to develop On-chain.
Asseto possesses deep blockchain solutions and has experienced shareholders from HashKey Group.
What has Delin Holdings announced about its partnership with Asseto Fintech?
Delin Holdings announces that it has signed a memorandum of understanding for a strategic partnership with Asseto Fintech in early July 2024, aimed at expanding blockchain applications in traditional finance and the tokenization of real-world assets.
The Board of Directors of Delin is considering a draft on stablecoin in Hong Kong, with plans to officially apply for a stablecoin license in the near future. This is a key step to enhance digital transformation, improve asset management efficiency, and securities trading services.
Why is applying for a stablecoin license in Hong Kong important?
Registering for a stablecoin license helps Delin Holdings comply with legal regulations, creating a solid foundation for the development of cryptocurrency products. At the same time, it helps increase trust with investors and users through ensuring safety and transparency.
According to the CEO of Delin Holdings, this is a strategic step to integrate blockchain technology into traditional finance, expanding diverse asset management services and optimizing family financial operations (family office) in an On-chain format.
Collaborating with Asseto will help us accelerate the digital transformation process and develop financial products based on blockchain technology, thereby enhancing value for customers and shareholders.
Mr. Tan Wei Ming, CEO of Delin Holdings, 3/7/2024
What strengths does Asseto Fintech have in the field of real-world asset tokenization?
Asseto specializes in developing financial technology, focusing on tokenizing real-world assets (RWA). The company possesses advanced blockchain solutions and has received investment from the leading digital finance group in Hong Kong, HashKey Group.
With extensive experience in concentrated blockchain and finance, Asseto provides a stable technological foundation, facilitating the easy deployment of DeFi products related to RWA, enhancing liquidity and transparency for traditional asset markets.
Tokenizing real-world assets is a significant step in connecting traditional finance with blockchain, opening new opportunities to diversify and enhance transparency in financial products.
Mr. Chen Liwei, Executive Director of Asseto Fintech, 2024
How will the cooperation process and the application of On-chain technology be implemented?
Through the partnership, Delin Holdings will leverage Asseto's blockchain solutions to transform traditional asset management services to an On-chain platform, facilitating improved investment effectiveness and securities trading.
The combination of expertise in asset management and tokenization technology helps both parties accelerate the digitization of assets, expanding modern financial services with new utilities such as Smart Contracts, asset tokenization, and strictly governed stablecoins.
Comparison table of the characteristics and capabilities of both parties
Criteria Delin Holdings Asseto Fintech Business type Listed company in Hong Kong Fintech company specializing in RWA tokenization Main experience Asset management, securities trading, family office Blockchain development, asset tokenization, collaboration with HashKey Group Cooperation goal Transform traditional financial services to On-chain Provide blockchain technology solutions and stablecoin licensing Technology stability Improving the digital ecosystem Developed a suite of blockchain solutions and internationally standardized tokenization
Frequently Asked Questions
When did Delin Holdings sign the partnership with Asseto Fintech? The memorandum of understanding was officially signed in early July 2024, marking a turning point in financial digital transformation. What field does Asseto Fintech specialize in? Asseto focuses on developing blockchain technology related to the tokenization of real-world assets and supports stablecoin issuance. What is the significance of applying for a stablecoin license? It helps ensure regulatory compliance and builds trust in the market, while also expanding the potential for developing DeFi services on a solid legal foundation. How does On-chain transformation affect Delin Holdings? It helps improve asset management efficiency, creating modern, transparent, and easily accessible financial services for investors. What role does HashKey Group play in this partnership? As a shareholder of Asseto Fintech, HashKey supports technology and finance to help the project develop sustainably.
Source: https://tintucbitcoin.com/delin-holdings-va-asseto-phat-trien-rwa/
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