Delin Holdings Promotes RWA Tokenization, Involving ByteDance, Kraken, and eSelf AI

PANews reported on October 9th that, according to an announcement from the Hong Kong Stock Exchange, Hong Kong-listed Delin Holdings announced that it has secured approximately US$5.7 million in private equity through funds and special purpose vehicles (SPVs), intended for tokenization of its Reliable Asset Warrants (RWAs). This includes indirect holdings in ByteDance (approximately US$2 million, with an implied valuation of approximately US$315 billion), Kraken (approximately US$3 million, with an implied valuation of approximately US$15 billion), and eSelf AI (approximately US$700,000, with an implied valuation of approximately US$21 million). The company plans to tokenize the relevant SPVs after the closing and proceed with the tokenization of the Delin Building LPF and Animoca Brands LPF. The Animoca Brands LPF solution utilizes the XRP Ledger and has received pilot funding from Hong Kong Cyberport. Delin Securities and Delin Digital Family Office have submitted materials to the China Securities Regulatory Commission (CSRC), aiming to launch distributions and platform operations in early 2026.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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