Odaily Planet Daily News: Hong Kong-listed China New Town Group Co., Ltd. (1321.HK) and Hong Kong-licensed virtual asset trading platform EX.IO today announced a strategic partnership to jointly issue RWAs (Real World Assets) that combine commercial real estate projects with digital assets.
The underlying assets of this offering consist of two components: high-quality domestic commercial real estate and mainstream crypto assets with significant growth potential. The commercial real estate is ZhongAn Times Square, located in Hangzhou, Zhejiang Province. The project has consistently maintained high occupancy rates and stable customer traffic, attracting a diverse network of high-quality tenants, and boasts outstanding asset quality and profitability. By adding mainstream crypto assets to the portfolio, the company will provide global investors with an asset allocation option that combines security with attractive returns.
China New City Group has reportedly transitioned to a digital asset management company. The group will leverage cutting-edge technologies such as blockchain, artificial intelligence, and the Internet of Things to digitally transform assets across sectors like real estate, green finance, and cross-border trade, ultimately building a new digital real estate ecosystem.
EX.IO, a licensed virtual asset trading platform invested by Sina's Huasheng Group, was licensed by the Hong Kong Securities and Futures Commission in December 2024. Its core team comes from international financial institutions such as Societe Generale, Morgan Stanley, and HSBC, and has both deep traditional financial experience and blockchain innovation capabilities.
