Fosun Wealth Holdings, based in Hong Kong, has initiated the tokenization of shares in Sisram Medical, an Israeli company listed on the Hong Kong Stock Exchange. The tokenized shares, valued at approximately $328 million, are issued through platforms including Vaulta, Solana, Ethereum, and Sonic. The initiative employs Vaulta's "Banking OS" and integrates Solana for share issuance and settlement. Sisram Medical, with the stock code 1696.HK, is the first company to be tokenized under this program. Fosun plans to expand the tokenization to more corporate bonds and stocks, though specific details and timelines remain undisclosed.
Fosun Wealth Tokenizes $328 Million in Sisram Medical Shares
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