Foresight News reports that Derlin Holdings (01709) has officially signed a placement and subscription agreement with DA Wolf, Mr. Chen, and a placement agent on August 7. The company also entered a special subscription deal with DA Wolf Investment I Limited, locking in HKD 653.3 million in funding. 💰🔥 Here’s how Derlin plans to deploy the capital:
Ll L30 – Powering strategic acquisitions to drive its Real-World Asset (RWA) tokenization roadmap.
📌 15% – Fueling Bitcoin mining expansion and building solid BTC reserves.
📌 7% – Launching a licensed OTC & retail virtual asset trading network in Hong Kong, plus compliance upgrades.
📌 8% – Scaling its digital asset, crypto, and stablecoin business.
📌 10% – Upgrading IT systems and infrastructure.
📌 10% – Creating crypto ETFs and boosting quant trading strategies.
📌 10% – Strengthening working capital and daily ops.
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i Picture: Derlin is positioning itself as a next-gen player in crypto, RWA tokenization, and virtual finance — with sights set on global expansion.