ttp://20 区块链应用创新与资产上链的战略机遇 2025年9月26日·第一期 深圳市福田区益田路 4088 号福田香格里拉酒店 3 楼 全球金融体系正经历数字技术驱动的深刻重构,以区块链为基石的创新浪潮不仅重塑 支付清算、资产流通模式,更在货币主权、跨境金融基础设施层面引发历史性变革;链 上数字资产从技术实验走向合规化市场实践,人民币国际化在数字货币时代迎来突破 窗口,如何借助分布式技术构建跨境信任网络,成为大国金融博弈的关键变量。 区块链产业自身也正从底层协议迭代迈向商业生态爆发期,证券、贸易、供应链等场景 的规模化落地亟待前瞻研判,尤其是 Tokenization 的规模化浪潮正从链上实验场景迈 向主流金融基础设施。在产业快速演绎进化的同时,传统法律框架与链上权利的映射仍 存关键性挑战,探索更加创新的监管路径尤为迫切。 13:30-13:40 领导发言致辞 -政策和产业研究院 更多国泰海通研究和服务 亦可联系对口销售获取 重要提醒 本订阅号所载内容仅面向国泰海通证券研究服务签约客户。因本资料暂时无法设置访问限制，根据《证 券期货投资者适当性管理办法》的要求，若您并非国泰海通证券研究服务签约客户，为保 ...

于本公告日期，公司已发行267,166,606股股份。53,433,000股认购股份总数相当于：(i)本公告日期现有 已发行股份约20.00%；及(ii)经配发及发行认购股份扩大后已发行股份约16.67%。认购价为每股认购股 份0.43港元，较收市价每股股份0.53港元折让约18.87%；认购事项的估计所得款项总额及所得款项净额 将分别为约22,970,000港元。 公司拟于2026年12月31日前将认购事项的所得款项净额按以下方式动用：(i)用于收购加密货币；及(ii) 用于补充营运资金及其他企业用途。公司认为，近年来区块链及Web3.0的应用日趋成熟，投资加密货 币将为公司带来新的机会及裨益。 格隆汇9月25日丨中国置业投资(00736.HK)宣布，于2025年9月25日，公司与六名个人第三方订立六份单 独的认购协议，据此，公司已有条件同意按每股认购股份0.43港元之价格配发及发行且认购人已有条件 同意认购总计53,433,000股认购股份。 ...

Accessibility StatementSkip Navigation HONG KONG, Sept. 25, 2025 /PRNewswire/ --Â CPFH, under Pop Culture Group Co., Ltd. (Nasdaq: CPOP, hereafter "Pop Culture" or "the Company"), today announced its plan to accumulate an additional 1,000 Bitcoin (BTC) over the course of the next year. This initiative aims to establish the $100 million "Crypto Pop Fund" digital trendsetting crypto fund, marking a full-scale entry into the trillion-dollar crypto entertainment market. By integrating cutting-edge technologies ...

Core Viewpoint - The medical device manufacturer, Wokai Medical Technology Group, is leveraging RWA technology to transform its existing product architecture and emerging AI business [1][2]. Group 1: Strategic Collaborations - Wokai Medical has established a partnership with the Hong Kong Web3.0 Standardization Association, becoming a vice-chair unit of the organization [4]. - The company has also partnered with Ruijin Hospital's Wuxi branch to accelerate the development of an AI-driven clinical ecosystem [4][6]. - The collaboration with Hong Kong partners focuses on three core areas: tokenization of quality assets held or invested by Wokai Medical, equity investments in financial vehicles, and RWA technology development [5]. Group 2: Financial Performance and Market Position - Wokai Medical's mask business revenue has declined by 69% year-on-year, from $5.1 million to $1.6 million, due to reduced demand post-COVID-19 [7]. - Other medical device revenues increased by 18%, rising from $8 million to $9.4 million, partially offsetting losses from the mask business [7]. - The company generated $400,000 from commodity trading and raised $15.7 million in financing activities, significantly exceeding the annual sales of core medical products at $11.5 million [7]. Group 3: Future Growth and Innovation - The partnership with the Hong Kong Web3.0 Standardization Association aims to explore RWA technology innovations and develop AI medical industry strategies [6]. - Wokai Medical's strategic initiatives are seen as a way to open new growth avenues and build long-term corporate value [6].

Core Insights - WORK Medical Technology Group Ltd. is exploring real-world asset (RWA) tokenization and blockchain technology through a partnership with the Hong Kong Web3.0 Standardization Association, aiming to leverage its existing product infrastructure and AI business [3][4][11] - The company has outlined three main areas for collaboration: tokenization of high-quality assets, equity investments, and development of RWA technology [6][7][9] Company Strategy - The partnership aligns with WORK Medical's "Healthcare + Payment + Technology = RWA + Web3 + AI" strategy, which aims to integrate various sectors for growth [4] - The company plans to collaborate with qualified firms in the financial sector to ensure compliance in its asset tokenization efforts [4] Market Potential - Tokenized RWAs are projected to exceed $50 billion by the end of the year, with U.S. treasuries expected to dominate this market, contributing over $28 billion [5] Collaboration Areas - The first area of collaboration focuses on tokenizing high-quality assets owned or invested in by WORK Medical, potentially including receivables, investment products, and intellectual property [6] - The second area involves equity investments, which may include co-investments or participation in funds to accelerate RWA tokenization [7] - The third area is the development of RWA technology, utilizing the Hong Kong Web3.0 Association's RWA registration platform for regulatory compliance and asset security [9] Recent Developments - WORK Medical has also formed a partnership with Ruijin Hospital's Wuxi Branch to advance AI-driven healthcare solutions, integrating multimodal medical data [12][13] - The company's revenue from its mask business fell 69% to $1.6 million, while revenue from other medical devices increased by 18% to $9.4 million [16] - The company generated $400,000 from commodities trading and $15.7 million from financing activities in its latest fiscal year [17]

-政策和产业研究院 ttp://20 区块链应用创新与资产上链的战略机遇 更多国泰海通研究和服务 亦可联系对口销售获取 13:30-13:40 领导发言致辞 13:40-14:20 链上通证:科技重塑金融基础设施 陈 斌 - 万向区块链 CEO | 14:20-15:00 全球 RWA 发展趋势简析 | | --- | | Lola - Web3 头部科技企业 研究负责人 | | 15:00-15:40 Tokenization 与全球供应链金融融合发展 | | Franklin – 联易融科技副总裁、web3 负责人 | | 15:40-16:20 公链技术前沿与生态应用 | | 肖 臻 - 北京大学 计算机教授 | | 嘉宾圆桌论坛:Web3.0 的下半场如何破局 16:20-17:00 | | 主持人：伍 巍-国泰海通政策和产业研究院 加密 | | 资产与区块链首席分析师 | 2025年9月26日·第一期 深圳市福田区益田路 4088 号福田香格里拉酒店 3 楼 全球金融体系正经历数字技术驱动的深刻重构,以区块链为基石的创新浪潮不仅重塑 支付清算、资产流通模式,更在货币主权、跨境金融基础设施层面引发历史 ...

Core Insights - WISeKey International Holding Ltd. reported its unaudited financial results for H1 2025, indicating a strategic shift towards next-generation technologies and a focus on its Convergence strategy [1][2][3] Financial Performance - Revenues for H1 2025 increased slightly by $0.1 million to $5.3 million, aligning with expectations amid a transition towards post-quantum and IoT-driven technologies [3] - The company anticipates full-year revenues to range between $18.0 million and $21.0 million, driven by growth in SEALSQ's traditional products and the acquisition of IC'ALPS [3] - Operating losses rose by $13.2 million to $27.3 million, primarily due to a one-off stock-based compensation charge of $10.1 million and increased R&D investments [3][20] - The net loss for the period was $22.3 million, an increase of $6.8 million compared to the same period last year [3][20] Strategic Developments - The Convergence strategy integrates semiconductors, trust services, satellites, blockchain, and digital identity into a unified ecosystem, enhancing revenue potential and reducing dependency on single business lines [2][4] - Investments in R&D totaled $5.8 million, focusing on SEALSQ's quantum-resistant chips and the SEALCOIN transactional IoT platform [3][20] - The company is preparing for the commercial launch of SEALSQ's QVault-TPM in Q4 2025, which is expected to drive significant growth in 2026 and beyond [7] Ecosystem and Revenue Model - SEALSQ, controlled by WISeKey with 52% voting rights, develops post-quantum secure chips that will generate both hardware sales and recurring revenues through chip personalization services [4][11] - The integration of SEALSQ chips with WISeSat's satellite communications is expected to create multiple revenue streams, including chip sales, personalization services, and satellite communication subscriptions [4][5] - The ecosystem also includes SEALCOIN, which aims to facilitate autonomous transactions in the IoT economy, and WISe.ART, which focuses on authenticated trading of digital and physical assets [11][21] Balance Sheet and Cash Position - As of June 30, 2025, WISeKey reported a cash balance of $124.6 million, enabling the company to accelerate technological development and strategic investments [3][20] - The total assets amounted to $154.99 million, with total liabilities at $28.43 million, indicating a strong balance sheet position [23][24]

Group 1 - The cryptocurrency market is undergoing a new round of value reassessment, with the emergence of the potential coin Pepeto (PEPETO) as a "practical meme coin" following the performance of meme coins like SHIB and PEPE [1] - XBIT Wallet is positioned as a key infrastructure connecting investors with high-potential assets, leveraging its technological advantages and functional adaptability in the decentralized wallet space [1][3] - Pepeto's market breakthrough is attributed to its innovative approach to meme coin development, including a self-developed cross-chain bridging protocol that enhances liquidity and a zero-fee trading mechanism on its decentralized exchange, PepetoSwap [3][4] Group 2 - XBIT Wallet has established a multi-layered security architecture for digital asset management, featuring a unique dual-key system that separates transaction keys from asset keys, ensuring enhanced security for users [4][6] - The wallet's design incorporates user education systems to promote proper private key management, addressing the significant risk of asset loss due to improper mnemonic phrase management [6][9] - The integration of XBIT Wallet with Pepeto's ecosystem allows for seamless cross-chain transactions and low-cost trading, significantly reducing gas fees and enhancing user experience [7][9] Group 3 - XBIT Wallet's smart contract circuit breaker mechanism provides real-time monitoring of PEPETO price fluctuations, helping investors avoid irrational actions during extreme market conditions [9] - The development of KYC/AML modules for compliance with regulatory trends indicates a shift towards more structured and secure investment environments in the cryptocurrency space [9][10] - The collaboration between Pepeto and XBIT Wallet signifies a transition from competition among individual projects to the development of an integrated ecosystem in digital asset investment [10]

消息面上，香港法院驳回对佳兆业集团(01638)的清盘呈请。据悉，9月15日，佳兆业集团境外债务重组 方案正式生效。9月17日，佳兆业旗下佳兆业资本宣布启动战略转型，布局RWA业务，与获香港证监会 发牌的虚拟资产交易平台达成合作，共同推进香港合规框架下的现实世界资产(RWA)代币化发展。 佳兆业在公告中表示，将"依托股东资源、自身产业与区域优势，以及与合作伙伴在Web3.0领域的技术 积累，以香港为起点，探索在合规监管环境下的数字金融创新"。佳兆业资本表示，未来将持续推动在 金融科技、数字金融及Web3.0领域的创新探索与资源整合，创造符合新时代发展趋势的长期价值。 佳兆业资本(00936)盘中涨超60%，高见1.35港元，月内最大累计涨幅接近12倍。截至发稿，涨16.67%， 报0.98港元，成交额1906.27万港元。 ...

Core Viewpoint - Kaisa Capital (00936) experienced a significant stock price increase, rising over 60% during trading, with a peak at 1.35 HKD and a cumulative increase of nearly 12 times within the month [1] Group 1: Stock Performance - As of the latest update, Kaisa Capital's stock rose by 16.67%, trading at 0.98 HKD with a transaction volume of 19.0627 million HKD [1] Group 2: Legal and Financial Developments - The Hong Kong court rejected the winding-up petition against Kaisa Group (01638) [1] - On September 15, Kaisa Group's overseas debt restructuring plan officially took effect [1] Group 3: Strategic Initiatives - On September 17, Kaisa Capital announced a strategic transformation to focus on Real World Asset (RWA) business and partnered with a licensed virtual asset trading platform in Hong Kong to promote the tokenization of RWA under a compliant framework [1] - Kaisa stated its intention to leverage shareholder resources, industry strengths, and regional advantages, along with technological expertise in the Web3.0 field, to explore digital financial innovations starting from Hong Kong [1] - Kaisa Capital aims to continue driving innovation and resource integration in fintech, digital finance, and Web3.0, creating long-term value aligned with the trends of the new era [1]