Coin World News reports that Derin Holdings (01709.HK) announced that the group plans to tokenize assets with a total value of up to 500 million Hong Kong dollars, involving several rights located on Wellington Street in Central, Hong Kong, and three fund assets managed by the group. This project will be tokenized using the blockchain infrastructure provided by Asseto, and will be distributed in a compliant manner to eligible shareholders, compliant users of Derin Securities, and certified users of the NeuralFin platform, with a total amount not exceeding 60 million Hong Kong dollars. The implementation of the project is subject to final approval from the Hong Kong Securities and Futures Commission, aiming to accelerate the transformation of traditional financial services onto the blockchain, bringing innovative and integrated value to the Hong Kong financial market. [Coin World News]