According to BlockBeats, Fosun International's Hong Kong-based fintech and investment arm, Fosun Wealth International Holdings, has recently registered several trademarks in Hong Kong, including 'Fosun International Crypto,' 'Fosun Wealth RWA,' and 'Star Coin.' This move indicates Fosun International's intention to strengthen its involvement in the cryptocurrency and virtual asset industry.
Fosun International has reportedly upgraded its license to a Type 1 license from the Securities and Futures Commission, allowing it to offer virtual asset trading services to its clients through a comprehensive account on the VATP platform. In May, Cai Hua, CEO of Fosun International's subsidiary Xinglu Technology, mentioned that the company was integrating RWA tokenization products into its trading system for existing clients and preparing several asset tokenization projects.