据悉，Starcoin Foundation乃根据巴拿马共和国法律成立的非牟利组织，由Starcoin Foundation主席及公 司主席兼执行董事仰融博士创立。其主要业务为智能合约钥匙管理、DAO治理╱金库存取，以及项目 开发与营运的代币托管。 公告称，代币发行为亚洲首个由上市公司直接发起及认可的"币股联动"项目。此项计划是公司在全球 Web3数字资本市场的基础平台，每枚Starcoin代币均受美元资产支持。代币发行的目标是建立一个一体 化链上投资银行系统，专注于实体世界资产（RWA）的链上发行、合规及全球流通。 来源：新浪港股 星太链集团（00399）公布，于2025年10月13日，公司与 Starcoin Foundation订立谅解备忘录，表示 Starcoin Foundation有意发行Starcoin代币，以公司股东于公司厘定发行 Starcoin代币配额日期每持有10 股公司现有股份获发一枚Starcoin代币为基准。 该集团计划利用区块链技术的优势，重塑传统金融业务流程。透过建立Web3 投资银行，集团的目标是 成为全球资产与数字投资者之间的主要连结。代币发行将在Conflux eSpac ...

该集团计划利用区块链技术的优势，重塑传统金融业务流程。透过建立Web3投资银行，集团的目标是 成为全球资产与数字投资者之间的主要连结。代币发行将在Conflux eSpace公共区块链上部署。 据悉，Starcoin Foundation乃根据巴拿马共和国法律成立的非牟利组织，由Starcoin Foundation主席及公 司主席兼执行董事仰融博士创立。其主要业务为智能合约钥匙管理、DAO治理╱金库存取，以及项目 开发与营运的代币托管。 公告称，代币发行为亚洲首个由上市公司直接发起及认可的"币股联动"项目。此项计划是公司在全球 Web3数字资本市场的基础平台，每枚Starcoin代币均受美元资产支持。代币发行的目标是建立一个一体 化链上投资银行系统，专注于实体世界资产(RWA)的链上发行、合规及全球流通。 星太链集团(00399)公布，于2025年10月13日，公司与Starcoin Foundation订立谅解备忘录，表示Starcoin Foundation有意发行Starcoin代币，以公司股东于公司厘定发行Starcoin代币配额日期每持有10股公司现 有股份获发一枚Starcoin代币为基准。 ...

Core Viewpoint - Starcoin Foundation intends to issue Starcoin tokens, with a distribution model based on existing shareholdings in Star Tai Chain Group, marking a significant step in integrating traditional finance with blockchain technology [1][2] Group 1: Token Issuance - The memorandum of understanding between Star Tai Chain Group and Starcoin Foundation outlines that for every 10 shares held, shareholders will receive one Starcoin token [1] - This token issuance is positioned as the first "coin-stock linkage" project initiated and recognized by a listed company in Asia [1] - Each Starcoin token will be backed by USD assets, aiming to create an integrated on-chain investment banking system focused on the issuance, compliance, and global circulation of real-world assets (RWA) [1] Group 2: Blockchain Integration - The group plans to leverage blockchain technology to transform traditional financial processes [2] - The goal is to establish a Web3 investment bank that serves as a primary link between global assets and digital investors [2] - The token issuance will be deployed on the Conflux eSpace public blockchain [2]

荣和酒香港上市敲钟仪式【敲钟嘉宾：泰国前副总理王鹏狄，MINAX董事会主席、摩根大通亚太区原董事总经理 龚方雄，Asiabrand集团创始人兼CEO、中国亚洲经济发展协会常务副会长王建功，亚洲数字发展银行行长、亚太 投资发展银行行长、亚洲数字资产交易所董事长谢俊，中国长城计算机进出口公司董事长、中国荣和发展集团董 事局主席王军，大洋集团商务合作大使AshIey。见证嘉宾：太阳星系统执行董事、中国长城战略委员云彤，地球 星系统执行董事、中国长城战略委员李芳，水星系统执行董事、中国长城战略委员李娜，双鱼星系统执行董事、 中国长城战略委员李伟，双子星系统执行董事、中国长城战略委员玉藏、玉珍，海洋星系统执行董事、中国长城 战略委员培培，繁花星系统执行董事、中国长城战略委员谢威，天璇星系统执行董事、中国长城战略委员高秀 侠，玉衡星系统执行董事、中国长城战略委员张刘春。】 中国长城计算机进出口公司董事长、中国荣和发展集团董事局主席王军发布荣和酒币股联动战略。 东方之珠熠熠生辉，品牌力量汇聚香江。9月28日，由专业品牌评价机构Asiabrand与亚洲数字发展银行 （ASIADIGITALDEVELOPMENTBANK）发起 ...

Group 1 - The establishment of the Hong Kong Virtual Asset Listed Companies Association (HKVALA) marks a new phase of institutional collaboration in the digital asset industry in Hong Kong [1] - The formation of HKVALA is driven by three main factors: policy support, market demand, and addressing industry challenges [1] - The Hong Kong government has released several key policy documents this year, including the "Hong Kong Digital Asset Development Policy Declaration 2.0" and the implementation of the "Stablecoin Regulation" [1][2] Group 2 - Despite policy support and market demand, the digital asset industry in Hong Kong faces challenges such as regulatory implementation pace and market concerns [2] - There is a dilemma in the industry where compliance does not yield profits, and profits are often made in non-compliant ways, necessitating faster regulatory processes [2][3] - Investor education is crucial, as many citizens lack understanding of digital asset products, which can lead to exploitation by fraudsters [2][3] Group 3 - The new association aims to enhance investor education, ensuring that citizens understand the nature and risks of digital asset products [3][4] - The association will also promote Hong Kong's regulatory advantages and facilitate communication between the industry and regulatory bodies [4][5] - The HKVALA is positioned to bridge traditional finance and digital asset liquidity, with a goal to solidify Hong Kong's status as an international financial center [5] Group 4 - The total market capitalization of listed companies within the association is approximately $20 billion, while the asset management scale of traditional financial institutions represented at the event exceeds $200 billion [5] - The association includes a diverse range of members from various sectors, including digital asset exchanges, traditional financial companies, and blockchain technology firms [5]

Core Insights - The establishment of the Hong Kong Digital Asset Listed Companies Association is a significant milestone for the development of the digital asset sector in Hong Kong [1][3] - The Hong Kong SAR government maintains an open attitude towards the development of the digital asset field, with public discussions on the potential linkage between cryptocurrencies and stocks [1] Group 1 - Zhang Huachen estimates that the market value of digital assets held by Hong Kong-listed companies is over $200 billion, while the value of digital assets related to compliance license applications and operational funds is roughly estimated to be under $2 billion [3] - The scale of digital assets within the Hong Kong Digital Asset Listed Companies Association is expected to grow in the future [3] - Traditional financial companies are seen as key intermediaries in facilitating the linkage between cryptocurrencies and stocks, playing a crucial role in the exploration of digital sector development [3]

Core Insights - The concept of "coin-stock linkage" involves integrating traditional business with digital currencies and blockchain technology to create new growth opportunities, enhance company valuation, and attract a new generation of investors [2] Group 1: Trends Driving "Coin-Stock Linkage" - Digital economy wave: The global digital transformation is accelerating, and the virtual asset market is expanding [2] - Optimized regulatory environment: Hong Kong's financial regulators are actively promoting the development of the virtual asset ecosystem [2] - Growing investor demand: Both traditional and emerging investors are increasingly interested in digital assets [2] Group 2: Company Profiles - Coinbase Global (NASDAQ: COIN): The largest compliant cryptocurrency exchange in the U.S., closely tied to the overall trends in the cryptocurrency market, with significant holdings in Bitcoin and Ethereum [5][6] - OSL Group (HKEX: 0863): A licensed digital asset platform in Hong Kong, reflecting the demand for compliant crypto services in Asia [6][7] - Circle Internet Financial: Issuer of the USDC stablecoin, which raised $1.05 billion through an IPO, with a market valuation of $6.8 billion [9][10] - MicroStrategy (NASDAQ: MSTR): A business intelligence company that has become the largest corporate holder of Bitcoin, with its stock price increasing by 4315.85% since its first Bitcoin purchase [11][12][13] - JD Coinchain Technology (HKEX: 9618): A subsidiary of JD.com focusing on blockchain applications, currently developing a stablecoin [14][15] Group 3: Market Management Strategies - Information disclosure strategy: Regularly publish reports on digital asset business progress and engage with investors through social media [19] - Shareholder return plans: Consider issuing digital tokens as shareholder benefits and explore blockchain-based equity management systems [19] - Strategic partnerships: Collaborate with leading blockchain projects and digital asset exchanges to enhance influence in the digital economy [19] - Talent incentives: Establish a digital asset incentive pool and implement blockchain-based employee equity incentive plans [19]

Core Insights - The roundtable discussion on stablecoins highlighted their commercial opportunities and regulatory challenges in the global financial landscape [1] - Recent U.S. legislation, including the "Genius Act" on stablecoins, the Clarity Act, and a ban on CBDCs, is expected to significantly shape the future of Web3 and cryptocurrency [4][6] Regulatory Developments - The U.S. House of Representatives passed three key bills that will impact the future of Web3, including a stablecoin bill, which is anticipated to be signed by Trump [4] - The Clarity Act clarifies that tokens on mature blockchains are classified as commodities, regulated by the CFTC rather than the SEC, and provides certain regulatory exemptions for decentralized finance (DeFi) [4][6] - The third bill prohibits the issuance of Central Bank Digital Currencies (CBDCs) in the U.S., establishing a regulatory framework for cryptocurrencies [4][6] Stablecoin Characteristics - Stablecoins are not considered traditional currency; they function as a peer-to-peer payment system without a balance concept, serving as a bridge between Web2 and Web3 [2][7] - The issuance of stablecoins is relatively accessible, allowing various assets to be pegged, including fiat currencies, gold, and receivables [2][7] - The potential for stablecoins to revolutionize financial transactions lies in their ability to facilitate low-cost, high-speed transactions, with costs as low as one-thousandth of a cent [10] Market Potential and Challenges - The market for Real World Assets (RWA) is projected to reach trillions of dollars by 2030, indicating significant investment opportunities [3][12] - Hong Kong's efforts to issue stablecoins and create a robust on-chain financial ecosystem are underway, despite challenges in attracting users to local stablecoins compared to USD-pegged options [3][8] - The concept of tokenization is seen as a transformative force, enabling instant settlement and reducing friction costs in traditional finance [11][12] Future Outlook - The development of cross-chain technology and data integration is crucial for the evolution of the blockchain ecosystem, with significant market opportunities anticipated [13][14] - The ongoing interest in "coin-stock linkage" and "chain-stock linkage" reflects a growing trend in capital markets, driven by the potential of blockchain technology [14]

Market Trend & Strategy - Publicly listed companies are becoming the "touch" for crypto assets to enter traditional finance, but this is just the beginning [1] - Simply "holding" crypto is not enough to attract investors; deep participation is required to bind to the crypto market's sentiment and valuation [1] - The industry anticipates a shift from companies merely "buying crypto" to "launching chains," requiring them to build their own moats [1] Technology & Infrastructure - Caldera ($ERA) provides a "one-click chain launch" toolkit, enabling companies to quickly deploy their own exclusive Rollup chains at a very low cost [1] - Caldera's modular design allows for flexible customization and supports BSC and ETH, ensuring interoperability between new chains [1] - Caldera is paving the underlying highway towards the ultimate goal of linking crypto and stock markets [1] Investment & Opportunity - $ERA's strong performance justifies its high-quality financing background [1] - BNB holders are benefiting from both BNB's price increase and the ability to earn additional tokens through staking [1] Risk Warning - The industry acknowledges that any cutting-edge technology comes with uncertainties, including intense competition in the Layer 2 track and the unknown factors in ecosystem development [1]