Core Insights - VCI Global Limited has announced the onboarding of its first enterprise asset supply partner for its Real World Asset (RWA) Exchange, collaborating with Mezzofy Holding Limited, a digital voucher platform with over US$8 billion in voucher transactions facilitated [1][11]. Group 1: Collaboration and Ecosystem - The partnership with Mezzofy integrates high-frequency consumer commerce assets into VCI Global's RWA Exchange, creating a scalable pipeline for compliant tokenization and exchange of merchant-issued, redeemable assets [2]. - Mezzofy's merchant ecosystem includes major brands like Starbucks, Pizza Hut, and KFC, providing immediate real-economy asset depth supported by active consumer demand [3]. Group 2: Infrastructure and Execution - Smart Bridge Technologies Limited, VCI Global's RWA infrastructure arm, will facilitate the tokenization, settlement, and exchange of authorized merchant vouchers and coupons, converting everyday consumer value into tradable Real-World Assets [3][4]. - The collaboration signifies a shift from platform development to enterprise execution, establishing a repeatable model for onboarding RWAs onto the Exchange [4]. Group 3: Market Potential and Strategy - Consumer vouchers are identified as a high-velocity asset class, with constant issuance and redemption, allowing VCI Global to bridge traditional commerce with the emerging RWA economy [5]. - The planned Exchange aims to expand beyond vouchers into additional enterprise and institutional RWAs, utilizing the same compliance and settlement frameworks [6]. Group 4: Integration with Digital Economy - VCI Global's RWA Exchange will incorporate stablecoin settlement and digital payment systems, enabling tokenized consumer assets to operate seamlessly across traditional and digital economies [7].

Core Points - Spirit Blockchain Capital Inc. has filed its interim financial statements for the three and nine months ended September 30, 2025, in compliance with Canadian Securities Exchange requirements [1] - Lewis Bateman has been appointed as Interim Chief Financial Officer following the departure of Inder Saini [2] - Spirit Blockchain Capital focuses on developing blockchain-based financial infrastructure, including tokenization platforms and digital-asset services, aiming to generate recurring revenue [3]

Core Insights - Torso2 is pioneering the integration of blockchain technology with real-world assets (RWA), marking a significant shift in the global financial ecosystem through innovative technology and compliance practices [1][4] Group 1: Technology-Driven Solutions - Torso2 addresses key challenges in asset tokenization with a comprehensive digital solution that includes "on-chain rights confirmation, off-chain custody, and cross-chain circulation" [3] - The platform enables real estate tokenization by using smart contracts to convert properties into standardized tokens/NFTs, facilitating ownership verification and fractional trading [3] - In the energy sector, Torso2 introduces a "distributed energy NFT" mechanism, allowing physical asset indicators to be represented as on-chain certificates, promoting cross-border transactions and green finance [3] - Financial products such as bonds and receivables are mapped through a dual structure of off-chain legal agreements and on-chain smart contracts, lowering investment barriers and enabling automatic settlement [3] Group 2: Compliance Leadership - Torso2 has achieved a significant milestone by obtaining the Money Services Business (MSB) license from the U.S. Department of the Treasury, positioning itself as a leader in regulatory compliance within the RWA sector [4] - The MSB license encompasses all business scenarios related to digital asset trading, custody, and exchange, requiring strict anti-money laundering (AML) and know your customer (KYC) protocols [4] - The platform collaborates with blockchain security firms like CipherTrace to implement on-chain transaction monitoring systems, ensuring compliance with international regulatory standards [4] Group 3: Token Economy and Governance - The native token of Torso2 is designed with a "deflationary anchor and dynamic profit-sharing" model, with a total supply of 21 million tokens, ensuring long-term value support through mechanisms like transaction burn and black hole recovery [6] - The token serves multiple functions, including transaction medium, governance voting, NFT mining incentives, and profit distribution, fostering a positive cycle of asset holding, ecological contribution, and value capture [6] - Governance follows a "centralized guidance to decentralized autonomy" approach, with initial strategic decisions led by the foundation and a gradual transition to a DAO mechanism for community governance [6] Group 4: Capital Support and Global Expansion - Torso2's innovative model has attracted top-tier global capital, including investments from firms like Andreessen Horowitz and Blockchain Capital, facilitating its expansion into real estate and energy asset tokenization [7] - The platform aims to launch trading modules for commodities like oil and gold by 2025, alongside developing a Web3 public chain and a metaverse parallel world for asset interaction [7] - With the global RWA market surpassing $200 billion, Torso2 is positioned to bridge traditional assets and digital finance, contributing to the anticipated growth of RWA as a core pillar of digital finance by 2030 [7]