Fosun International registers trademarks including "Star Coin" to expand into virtual asset business

TechFlow, July 22 — According to Hong Kong Wen Wei Po, Fosun Wealth International Holdings, a subsidiary of Fosun International, recently registered multiple trademarks in Hong Kong, including "Fosun International Crypto", "Fosun Wealth RWA", and "Star Coin", signaling its intensified expansion into the cryptocurrency and virtual asset industry. The company has obtained an upgraded Type 1 license from the Securities and Futures Commission, enabling it to provide virtual asset trading services to clients. Its subsidiary, Starpath Technology, will hold a Web3 strategy upgrade and RWA product launch event this Wednesday, unveiling its "Web 5 + RWA" strategic deployment and the launch of its Virtual Asset Trading System 1.0. This move aligns with Hong Kong's recent policy developments, including the passage of the Stablecoin Bill and the release of the "Hong Kong Digital Asset Development Policy Declaration 2.0".