China Real Estate Investment signs agreement with Shanghai Qufu to establish RWA fund
7x24h News
China Real Estate Investment signs agreement with Shanghai Qufu to establish RWA fund
According to a Hong Kong Exchange announcement, China Properties Investment, a listed company on the Hong Kong stock exchange, has announced signing an agreement with Spectrum Digital Technology Group and Shanghai Qufu to establish an RWA fund. The fund will provide financial support and resource integration for RWA projects, ensuring sound industrial development and elevated industry standards. It will also explore avenues for tokenizing physical assets in compliance with applicable regulatory requirements.
Navigating Web3 tides with focused insightsTechFlow, October 9 — According to a Hong Kong Stock Exchange announcement, Chinese Property Investment, a listed company on the Hong Kong stock exchange, has announced signing an agreement with Spectrum Digital Technology Group and Shanghai Qufu to jointly establish an RWA fund. The fund aims to provide financial support and resource integration for RWA projects, ensuring robust industrial development capabilities and standards, while also exploring pathways for tokenizing physical assets in compliance with applicable regulatory requirements.
