Takashimizu Properties, a Hong Kong-listed company, has raised over HKD 160 million to explore the tokenization of real-world assets (RWA). The company allocated 11.5 million shares to Hon Fung, a Legislative Council Election Committee member, and 130 million shares to Rui Kai Group. Additionally, Takashimizu issued warrants to Rui Kai, potentially raising another HKD 307 million.
Hon Fung highlighted the nascent stage of the digital asset market, noting its current size of USD 3 trillion, with RWA comprising only about 7%. The proportion of real estate-related RWA is even smaller, indicating significant growth potential in this sector.
Takashimizu Properties Secures Over HKD 160M for RWA Tokenization
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
