TechFlow news, July 21 — According to Zhitong Caijing, Hong Kong-listed company Coolpad Group announced it has established a Real-World Asset Tokenization Division aimed at advancing the tokenization of property assets. As of December 31, 2024, the carrying value of investment properties on the group's books was approximately HK$3.151 billion. The group is currently conducting preliminary feasibility studies on RWA for the Coolpad Building in Nanshan, Shenzhen and the Coolpad Technology Eco-Park in Songshan Lake, Dongguan. If the pilot project proves successful, the group plans to expand its service model to assist more enterprises in exploring asset tokenization and promote large-scale adoption of RWA technology across relevant industries.
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