Workflow
Real-World Asset (RWA) tokenization
icon
Search documents
Chaince Digital Holdings Inc. Chief Strategy Officer Wilfred Daye Shares Vision for Tokenized Finance at TCFA 2025 Annual Conference
Globenewswire· 2025-11-14 14:00
Core Insights - Chaince Digital Holdings Inc. announced participation in the 31st Annual Conference of The Chinese Finance Association, highlighting its role in tokenization solutions and digital-asset capital markets infrastructure [1][2] - The conference focused on "Harnessing AI for Smarter, Safer and More Resilient Financial Markets," attracting a diverse audience from various sectors [2] Company Overview - Chaince Digital Holdings Inc. (formerly Mercurity Fintech Holding Inc.) is a fintech group leveraging blockchain infrastructure to provide technology and financial services, aiming to bridge traditional finance with digital innovation [4] - The company operates through subsidiaries, including Chaince Securities, LLC, which specializes in digital-asset investment banking and advisory services [6] Industry Trends - The institutional phase of Real-World Asset (RWA) tokenization is emerging, with expectations that the next decade will focus on integrating traditional market infrastructure with blockchain and AI technologies [3] - The convergence of AI and on-chain finance is anticipated to enhance market transparency, efficiency, and risk management, impacting credit markets and global capital flows [8]
Sky Quarry and Continuum Move Closer to Launching Real-World Asset Tokens and Exchange Platform
Globenewswire· 2025-10-22 09:30
Core Viewpoint - Sky Quarry Inc. is advancing its partnership with Continuum Network to create a framework for tokenizing energy-linked commodities, aiming to enhance capital access and operational efficiency [1][2][4]. Group 1: Partnership and Tokenization Framework - The collaboration with Continuum Network focuses on establishing a digital infrastructure for tokenizing energy-linked commodities, which includes launching a token creation process and a functional exchange interface [2]. - Tokenization will allow investors to have clear claims tied directly to tangible assets, rather than traditional company stock, thereby enhancing transparency and efficiency in capital raising [3][4]. Group 2: Market Context and Opportunities - The global proven crude reserves are approximately 1.567 trillion barrels, representing a significant untapped asset value that can be unlocked through tokenization [7]. - If 10-15% of producing reserves and 5% of undeveloped reserves were tokenized, it could potentially unlock $750 billion to $1 trillion in global liquidity [9][10]. Group 3: Financial Strategy and Implementation - Sky Quarry plans to sell tokens tied to its oil assets, priced based on current market oil prices, and use these tokens as collateral for crude oil purchases, thereby creating liquidity without diluting equity or incurring additional debt [6][11]. - The company aims to market its tokenization products to the energy sector, leveraging its own assets as a demonstration platform [21]. Group 4: Regulatory and Compliance Considerations - To ensure regulatory clarity, Sky Quarry will maintain a clear distinction between equity and token purchases, allowing investors to choose between traditional equity transactions and token investments [5]. - Successful tokenization will require rigorous execution to mitigate valuation, governance, and compliance risks as the market scales [14][18].
U Power Reports Unaudited Financial Results for the First Half of 2025
Prnewswire· 2025-10-13 12:00
Core Insights - U Power Limited reported a significant increase in net revenues and gross profit for H1 2025, indicating strong operational execution and strategic progress in the growing demand for sustainable transportation solutions [1][2][5]. Financial Performance - Total net revenues for H1 2025 were RMB 17.7 million (approximately $2.5 million), a 34.4% increase from RMB 13.2 million in H1 2024 [5][6]. - Gross profit surged to RMB 8.4 million (around $1.2 million), reflecting a 551.5% increase from RMB 1.3 million in H1 2024, with a gross margin improvement to 47.3% from 9.8% [6][7]. - Operating expenses decreased by 6.6% to RMB 25.9 million (about $3.6 million) compared to RMB 27.7 million in H1 2024, primarily due to lower general and administrative expenses [7][13]. - The net loss for H1 2025 was RMB 27.4 million (approximately $3.8 million), slightly higher than the net loss of RMB 26.5 million in H1 2024 [7][8]. Cash and Assets - Cash and cash equivalents stood at RMB 22.7 million ($3.2 million) as of June 30, 2025, a decrease from RMB 23.4 million at the end of 2024 [8][9]. - Total assets increased to RMB 396.0 million ($55.3 million) from RMB 385.7 million at the end of 2024, while total liabilities rose to RMB 69.1 million ($9.6 million) from RMB 64.7 million [9][10]. Market Strategy and Growth - The company is focusing on expanding its international customer base, with strategic partnerships established to enhance brand visibility and service offerings in overseas markets since 2023 [2][3]. - U Power is actively deepening its ecosystem through partnerships aimed at deploying battery-swapping compatible vehicles and station networks, leveraging its Energy Service Provider (ESP) model [3][10]. - The company is also engaging in Web3.0 initiatives, including Real-World Asset tokenization, to create new growth opportunities in the EV battery swapping sector [3][4]. Recent Developments - U Power inaugurated Hong Kong's first smart battery-swapping station in June 2025 and plans to build 50 more stations [18]. - The company delivered Southeast Asia's first battery swapping taxi fleet in Thailand and signed agreements to deploy battery-swapping vehicles in various markets, including Singapore and Portugal [18][18].
VCI Global Partners with Reveillon Group to Launch Global RWA Lounge Network and Creator Monetization Platform
Globenewswire· 2025-08-27 19:33
Core Insights - VCI Global Limited has announced a strategic partnership with Reveillon Group to launch a global network of Real-World Asset (RWA) Lounges and an RWA NFT platform, integrating luxury hospitality with digital monetization [1][2] - The initiative aims to tap into the growing creator economy and entertainment sectors, with projections estimating the creator economy to reach approximately US$480 billion by 2027 and the entertainment and media sector to expand to about US$3.5 trillion by 2029 [5] Company Overview - VCI Global is a cross-sector platform builder that integrates technology with financial architecture, focusing on enabling secure digital ecosystems [9][10] - Reveillon Group operates a diverse portfolio of food and beverage establishments and will lead the physical development and operations of the lounges [8][9] Initiative Details - The partnership will see the development of a scalable RWA NFT ecosystem, with initial lounge openings planned in Malaysia, Singapore, Dubai, and South Korea within the next 12 months, aiming for a total of 50 locations globally [2][6] - The RWA NFT platform will provide creators with tools for music, digital artwork, and instant NFT minting, ensuring copyright protection through secure watermarking [3][8] Security Measures - Every transaction and creation will be protected by the QuantGold Data Platform, which employs military-grade encryption and smart-token protection to safeguard intellectual property [4][7] Market Positioning - The initiative is designed to create a dual-revenue model that enhances recurring income opportunities while positioning VCI Global and Reveillon Group at the intersection of luxury lifestyle and technology [5][7]
DeFi Dev Corp. and Switchboard Join Forces to Advance RWA Oracle Infrastructure on Solana
Globenewswire· 2025-07-11 12:30
Core Viewpoint - DeFi Development Corp. has signed a non-binding Letter of Intent with Switchboard Technology Labs to explore a strategic collaboration aimed at enhancing data and oracle infrastructure for real-world asset initiatives on the Solana blockchain [1][2]. Company Overview - DeFi Development Corp. is the first public company with a treasury strategy focused on accumulating and compounding Solana (SOL), providing investors with direct economic exposure to SOL while participating in the growth of the Solana ecosystem [1][3]. - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, and is actively engaged in decentralized finance (DeFi) opportunities [3]. Strategic Collaboration - The collaboration with Switchboard Technology Labs aims to develop custom oracle feeds for real-world asset pricing and data, implement real-time proof-of-reserve attestations, and explore joint go-to-market opportunities for RWA-related products [2][7]. - Switchboard Technology Labs is recognized as a premier oracle solution within the Solana ecosystem, providing mission-critical data feeds for various DeFi protocols [2][6]. Market Position - DeFi Development Corp. serves over one million web users annually, including multifamily and commercial property owners and developers, and is involved in billions of dollars of debt financing each year [5]. - The company’s data and software offerings are primarily provided on a subscription basis as Software as a Service (SaaS) [5].
Oxbridge / SurancePlus to Speak at Yield Day NYC and Attend Permissionless IV
GlobeNewswire News Room· 2025-06-17 12:00
Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), starting with tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][10] Group 1: Events and Participation - The company will participate in Yield Day NYC and Permissionless IV, two significant events aimed at promoting RWA innovation and institutional adoption in decentralized finance [2][3] - SurancePlus will be a featured sponsor and speaker at Yield Day NYC, participating in a panel titled "The Dividend Layer of DeFi" [2] - The team will be present at Permissionless IV, which is one of the largest global gatherings for developers and blockchain innovators, focusing on institutional adoption and real-world applications of on-chain finance [3] Group 2: Strategic Partnerships - A new partnership has been established between SurancePlus and Midnight, a privacy-first blockchain, enhancing the infrastructure for secure and compliant RWA tokenization [5] - This collaboration aims to provide privacy-enabled, audit-grade RWA tokenization, setting a new standard for secure and transparent capital flows [5] Group 3: Product Offerings - Oxbridge's tokenized reinsurance offerings, EtaCat Re and ZetaCat Re, will be showcased at the events, with the team engaging with potential collaborators for new strategic opportunities [4][6] - SurancePlus has developed the first "on-chain" reinsurance RWA, democratizing access to reinsurance as an alternative investment for both U.S. and non-U.S. investors [12]
Eco Bright Future Inc. and Aurora Group Launch Strategic Partnership to Pioneer Gold Streaming and Tokenization in Southeast Asia
Globenewswire· 2025-05-05 13:15
Core Insights - Eco Bright Future, Inc. (EBFI) has formed a strategic partnership with PT Aurora Jenderal Jasa (Aurora Group) to develop a gold streaming structure and explore the tokenization of gold produced by Aurora's subsidiaries, marking a significant step in integrating traditional resource extraction with modern financial ecosystems [1][2][4] Company Overview - Eco Bright Future, Inc. is focused on the tokenization of real-world assets, blockchain finance, and sustainability solutions, operating across Asia, the Middle East, and the Americas [8] - Aurora Group is an Indonesia-based mining and logistics group with over 56,000 hectares of gold mining licenses, also involved in manganese, coal, and nickel sectors [9] Partnership Details - The partnership will enable EBFI to secure long-term access to physical gold, essential for issuing gold-backed stablecoins and other tokenized financial instruments, aligning with EBFI's roadmap for asset-backed digital finance tools [3][5] - Aurora Group will gain access to capital through a streaming mechanism, facilitating the accelerated development of its gold licenses in Papua [5] Technological Integration - EBFI will utilize its Universa Blockchain and open-source RWA tokenization platform to provide the infrastructure for gold digitization, aiming to set a new benchmark for value creation in the mining and blockchain industries [6][7] Regulatory Framework - Both parties will explore structuring the token issuance through regulatory-compliant entities based in the UAE, recognized for its progressive approach to gold trading and digital asset regulation [6]