According to BlockBeats, Coolpad Group has announced its initial exploration into the tokenization of property assets, outlining a four-phase strategic plan. The first phase involves feasibility studies and planning, expected to be completed by the fourth quarter of 2025. During this phase, the company will appoint legal advisors to assess legal issues, establish asset valuation models, and form an internal technical team to research technological solutions.
The second phase will commence in the first quarter of 2026, focusing on selecting partners and designing the architecture. The third phase, scheduled for the second and third quarters of 2026, will involve technical development and internal testing. The fourth phase will address regulatory communication and initiate pilot projects, with the timeline yet to be determined.
Coolpad Group emphasizes its commitment to adhering to relevant laws and regulations and will disclose significant progress as it occurs.